Taxes on goods and services in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Taxes on goods and services was 265.65 million current LCU in 2017. ◆ Volatile
Taxes on goods and services in Saint Vincent and the Grenadines, 1990–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Saint Vincent and the Grenadines is 265.65 million current LCU, measured in 2017. That is the highest value across all 28 years on record.
That represents a change of up 0.5% on the previous year and up 43.4% over ten years.
Over the whole period, taxes on goods and services in Saint Vincent and the Grenadines peaked at 265.65 million current LCU in 2017 and was at its lowest, 17.30 million current LCU, in 1993.
That places Saint Vincent and the Grenadines 145th out of 157 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services in Saint Vincent and the Grenadines, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 19.90 million current LCU | — |
| 1991 | 17.50 million current LCU | -12.1% |
| 1992 | 18.30 million current LCU | +4.6% |
| 1993 | 17.30 million current LCU | -5.5% |
| 1994 | 18.00 million current LCU | +4.0% |
| 1995 | 20.20 million current LCU | +12.2% |
| 1996 | 22.50 million current LCU | +11.4% |
| 1997 | 24.60 million current LCU | +9.3% |
| 1998 | 24.40 million current LCU | -0.8% |
| 1999 | 27.30 million current LCU | +11.9% |
| 2000 | 51.46 million current LCU | +88.5% |
| 2001 | 55.41 million current LCU | +7.7% |
| 2002 | 55.77 million current LCU | +0.6% |
| 2003 | 59.87 million current LCU | +7.4% |
| 2004 | 69.96 million current LCU | +16.9% |
| 2005 | 73.26 million current LCU | +4.7% |
| 2006 | 98.17 million current LCU | +34.0% |
| 2007 | 185.31 million current LCU | +88.8% |
| 2008 | 245.82 million current LCU | +32.7% |
| 2009 | 236.78 million current LCU | -3.7% |
| 2010 | 227.97 million current LCU | -3.7% |
| 2011 | 213.73 million current LCU | -6.2% |
| 2012 | 224.35 million current LCU | +5.0% |
| 2013 | 223.30 million current LCU | -0.5% |
| 2014 | 204.81 million current LCU | -8.3% |
| 2015 | 221.16 million current LCU | +8.0% |
| 2016 | 264.27 million current LCU | +19.5% |
| 2017 | 265.65 million current LCU | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.00 million current LCU | 17.30 million current LCU | 27.30 million current LCU | 10 |
| 2000s | 113.18 million current LCU | 51.46 million current LCU | 245.82 million current LCU | 10 |
| 2010s | 230.65 million current LCU | 204.81 million current LCU | 265.65 million current LCU | 8 |
Countries ranked near Saint Vincent and the Grenadines
More public sector data for Saint Vincent and the Grenadines
- Tax revenue 23.8% (2017)
- Capital stock, General government, Current prices, Domestic currency 2.86 (2019)
- Taxes on income, profits and capital gains 24.7% (2017)
- Capital stock, General government, Constant prices, Percent of GDP 130.28 (2019)
- Capital stock, General government, Constant prices, Purchasing power 1.52 (2019)
- Taxes on goods and services 43.5% (2017)
- Net investment in nonfinancial assets 3.6% (2017)
- 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 (-) -1.5% (2017)
Frequently asked questions
- What is taxes on goods and services in Saint Vincent and the Grenadines?
- Taxes on goods and services in Saint Vincent and the Grenadines was 265.65 million current LCU in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 265.65 million current LCU in 2017.
- What is the lowest taxes on goods and services recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 17.30 million current LCU in 1993.
- How does Saint Vincent and the Grenadines rank for taxes on goods and services?
- Saint Vincent and the Grenadines ranks 145th out of 157 countries with data for 2017.
- Is taxes on goods and services rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 43.4%. The long-run trend across the full record is volatile.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.