St. Kitts and Nevis - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in St. Kitts and Nevis was 496,930,000 as of 2017. As the graph below shows, over the past 27 years this indicator reached a maximum value of 507,470,000 in 2015 and a minimum value of 84,390,000 in 1990.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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

Year Value
1990 84,390,000
1991 86,850,000
1992 94,950,000
1993 108,230,000
1994 121,500,000
2000 188,000,000
2001 194,600,000
2002 272,823,000
2003 272,537,000
2004 290,899,000
2005 305,268,000
2006 362,774,000
2007 402,589,100
2008 420,722,600
2009 394,462,700
2010 342,961,400
2011 408,038,000
2012 399,008,200
2013 421,256,000
2014 474,890,000
2015 507,470,000
2016 498,940,000
2017 496,930,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in St. Kitts and Nevis was 17.35 as of 2017. Its highest value over the past 27 years was 21.63 in 2007, while its lowest value was 14.39 in 1990.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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

See also:

Year Value
1990 14.39
1991 14.59
1992 14.52
1993 15.20
1994 15.25
2000 16.53
2001 15.73
2002 21.03
2003 21.50
2004 21.25
2005 20.66
2006 20.85
2007 21.63
2008 20.74
2009 19.54
2010 16.71
2011 18.48
2012 18.46
2013 18.58
2014 19.19
2015 20.36
2016 18.32
2017 17.35

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance