Taxes on goods and services (current LCU), per unit of GDP in Naoero
Naoero: Taxes on goods and services (current LCU), per unit of GDP was 0.0532 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Naoero, 2014–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Naoero recorded 0.0532 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024.
That represents a change of down 21.7% on the previous year and up 80.6% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Naoero peaked at 0.0736 current LCU per US$ of GDP in 2021 and was at its lowest, 0.0173 current LCU per US$ of GDP, in 2019.
That places Naoero 146th out of 157 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Naoero, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2014 | 0.0294 current LCU per US$ of GDP | — |
| 2015 | 0.0212 current LCU per US$ of GDP | -27.9% |
| 2016 | 0.0336 current LCU per US$ of GDP | +58.5% |
| 2017 | 0.0332 current LCU per US$ of GDP | -1.4% |
| 2018 | 0.0248 current LCU per US$ of GDP | -25.1% |
| 2019 | 0.0173 current LCU per US$ of GDP | -30.5% |
| 2020 | 0.0208 current LCU per US$ of GDP | +20.2% |
| 2021 | 0.0736 current LCU per US$ of GDP | +254.6% |
| 2022 | 0.0622 current LCU per US$ of GDP | -15.6% |
| 2023 | 0.0679 current LCU per US$ of GDP | +9.2% |
| 2024 | 0.0532 current LCU per US$ of GDP | -21.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0266 current LCU per US$ of GDP | 0.0173 current LCU per US$ of GDP | 0.0336 current LCU per US$ of GDP | 6 |
| 2020s | 0.0555 current LCU per US$ of GDP | 0.0208 current LCU per US$ of GDP | 0.0736 current LCU per US$ of GDP | 5 |
Countries ranked near Naoero
- 143 Marshall Islands 0.0594 current LCU per US$ of GDP compare
- 144 Germany 0.0551 current LCU per US$ of GDP compare
- 145 Ireland 0.0544 current LCU per US$ of GDP compare
- 147 Singapore 0.0508 current LCU per US$ of GDP compare
- 148 Switzerland 0.0445 current LCU per US$ of GDP compare
- 149 Canada 0.0378 current LCU per US$ of GDP compare
More public sector data for Naoero
- Tax revenue 21.4% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 (2019)
- Taxes on income, profits and capital gains 8.7% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 0 (2019)
- Capital stock, General government, Constant prices, Purchasing power 0 (2019)
- Taxes on goods and services 2.7% (2024)
- Net investment in nonfinancial assets 9.2% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) 15.1% (2024)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Naoero?
- Taxes on goods and services (current lcu), per unit of gdp in Naoero was 0.0532 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Naoero?
- The highest recorded value was 0.0736 current LCU per US$ of GDP in 2021.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Naoero?
- The lowest recorded value was 0.0173 current LCU per US$ of GDP in 2019.
- How does Naoero rank for taxes on goods and services (current lcu), per unit of gdp?
- Naoero ranks 146th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Naoero?
- Over the last ten years it is up 80.6%. The long-run trend across the full record is rising.
- Where does this Naoero data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.