Taxes on goods and services in Saint Lucia
Saint Lucia: Taxes on goods and services was 34.8% in 2017. ◆ Volatile
Taxes on goods and services in Saint Lucia, 2000–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on goods and services in Saint Lucia is 34.8%, measured in 2017.
The figure is down 15.0% on the previous year and up 107.2% over ten years.
Over the whole period, taxes on goods and services in Saint Lucia peaked at 41.1% in 2013 and was at its lowest, 11.7%, in 2000.
Saint Lucia ranks 60th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services in Saint Lucia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2000 | 11.7% | — |
| 2001 | 11.8% | +1.0% |
| 2002 | 14.3% | +21.1% |
| 2003 | 11.9% | -17.0% |
| 2004 | 17.2% | +44.1% |
| 2005 | 15.4% | -10.2% |
| 2006 | 16.2% | +5.3% |
| 2007 | 16.8% | +3.6% |
| 2008 | 16.5% | -1.8% |
| 2009 | 13.5% | -18.2% |
| 2010 | 14.9% | +10.4% |
| 2011 | 14.8% | -0.8% |
| 2012 | 21.9% | +48.3% |
| 2013 | 41.1% | +87.7% |
| 2014 | 39.9% | -3.0% |
| 2015 | 40.7% | +2.2% |
| 2016 | 40.9% | +0.5% |
| 2017 | 34.8% | -15.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.5% | 11.7% | 17.2% | 10 |
| 2010s | 31.1% | 14.8% | 41.1% | 8 |
Countries ranked near Saint Lucia
More public sector data for Saint Lucia
- Tax revenue 18.2% (2017)
- Capital stock, General government, Current prices, Domestic currency 4.54 (2019)
- Taxes on income, profits and capital gains 22.7% (2017)
- Capital stock, General government, Constant prices, Percent of GDP 79.09 (2019)
- Capital stock, General government, Constant prices, Purchasing power 1.79 (2019)
- Net investment in nonfinancial assets 4.0% (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 (-) -0.9% (2017)
- Capital stock, General government, Current prices, Domestic currency 0.0074 units per square kilometre (2019)
Frequently asked questions
- What is taxes on goods and services in Saint Lucia?
- Taxes on goods and services in Saint Lucia was 34.8% 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 Lucia?
- The highest recorded value was 41.1% in 2013.
- What is the lowest taxes on goods and services recorded in Saint Lucia?
- The lowest recorded value was 11.7% in 2000.
- How does Saint Lucia rank for taxes on goods and services?
- Saint Lucia ranks 60th out of 156 countries with data for 2017.
- Is taxes on goods and services rising or falling in Saint Lucia?
- Over the last ten years it is up 107.2%. The long-run trend across the full record is volatile.
- Where does this Saint Lucia 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 (% of revenue). Statizoid updates them automatically from the source API.
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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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.