Caribbean small states - Taxes on goods and services

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Caribbean small states was 25.97 as of 2019. Its highest value over the past 31 years was 38.39 in 1998, while its lowest value was 24.84 in 2008.

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
1988 28.32
1989 24.97
1990 24.87
1991 27.06
1992 30.84
1993 35.99
1994 35.21
1995 37.24
1996 36.53
1997 36.83
1998 38.39
1999 36.45
2000 36.20
2001 30.67
2002 32.24
2003 28.85
2004 29.43
2005 26.24
2006 26.19
2007 25.60
2008 24.84
2009 26.21
2010 29.16
2011 28.73
2012 30.11
2013 29.34
2014 29.00
2015 30.89
2016 33.70
2017 34.00
2018 33.13
2019 25.97

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance