* indicates monthly or quarterly data series
Micronesia: Taxes on goods and services, percent of total revenue: For that indicator, The World Bank provides data for Micronesia from 2008 to 2016. The average value for Micronesia during that period was 4.35 percent with a minumum of 3.43 percent in 2016 and a maximum of 5.72 percent in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.
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.