Micronesia: Number of taxes

* indicates monthly or quarterly data series
 Micronesia

Number of taxes paid by businesses

 Latest value 21
 Year 2019
 Measure taxes
 Data availability 2005 - 2019
 Average 21
 Min - Max 21 - 21
 Source The World Bank (doing business survey)
For that indicator, we provide data for Micronesia from 2005 to 2019. The average value for Micronesia during that period was 21 taxes with a minimum of 21 taxes in 2005 and a maximum of 21 taxes in 2005. The latest value from 2019 is 21 taxes. For comparison, the world average in 2019 based on 184 countries is 23 taxes. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Micronesia - Number of taxes - Recent values chart

Historical chart
Micronesia - Number of taxes - historical chart - 2005-2019




Definition: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 58.31 1983 percent
 Government spending, in dollars 0.06 1983 billion U.S. dollars
 Fiscal balance, percent of GDP 4.46 2021 percent
 Government debt 17.03 2021 percent
 Tax revenue 6.43 2020 percent
 Commercial tax rate 60.50 2019 percent
 Tax preparation time 128 2019 hours
 Number of taxes 21 2019 taxes
 Taxes on goods and services 3.40 2020 percent
 Taxes on international trade 4.50 2020 percent
 Income and profits taxes 10.94 2020 percent
 Foreign aid 130.76 2021 million U.S. dollars
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