St. Vincent and the Grenadines - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in St. Vincent and the Grenadines was 265,650,000 as of 2017. As the graph below shows, over the past 27 years this indicator reached a maximum value of 265,650,000 in 2017 and a minimum value of 17,300,000 in 1993.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 19,900,000
1991 17,500,000
1992 18,300,000
1993 17,300,000
1994 18,000,000
1995 20,200,000
1996 22,500,000
1997 24,600,000
1998 24,400,000
1999 27,300,000
2000 51,460,000
2001 55,410,000
2002 55,770,000
2003 59,870,000
2004 69,960,000
2005 73,260,000
2006 98,170,000
2007 185,310,000
2008 245,820,000
2009 236,783,700
2010 227,964,600
2011 213,730,100
2012 224,352,200
2013 223,298,800
2014 204,810,000
2015 221,160,000
2016 264,270,000
2017 265,650,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in St. Vincent and the Grenadines was 43.46 as of 2017. Its highest value over the past 27 years was 45.97 in 2008, while its lowest value was 8.51 in 1998.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1990 11.75
1991 8.66
1992 9.63
1993 9.32
1994 9.30
1995 9.94
1996 10.20
1997 9.79
1998 8.51
1999 9.62
2000 19.05
2001 19.08
2002 17.85
2003 18.55
2004 20.36
2005 20.95
2006 24.66
2007 39.98
2008 45.97
2009 43.57
2010 45.78
2011 42.86
2012 44.94
2013 45.70
2014 35.64
2015 40.44
2016 42.74
2017 43.46

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in St. Vincent and the Grenadines was 16.07 as of 2017. Its highest value over the past 27 years was 16.54 in 2008, while its lowest value was 2.83 in 1994.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
1990 4.19
1991 3.35
1992 3.22
1993 2.85
1994 2.83
1995 3.02
1996 3.17
1997 3.23
1998 2.99
1999 3.21
2000 5.99
2001 5.86
2002 5.53
2003 5.64
2004 6.03
2005 5.97
2006 7.32
2007 12.36
2008 16.54
2009 16.47
2010 15.56
2011 14.66
2012 14.98
2013 14.32
2014 13.17
2015 13.70
2016 16.27
2017 16.07

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance