Nicaragua: Taxes on goods and services

* indicates monthly or quarterly data series

Taxes on goods and services, percent of total revenue

 Latest value 46.07
 Year 2022
 Measure percent
 Data availability 1990 - 2022
 Average 48.82
 Min - Max 31.70 - 58.20
 Source The World Bank
For that indicator, we provide data for Nicaragua from 1990 to 2022. The average value for Nicaragua during that period was 48.82 percent with a minimum of 31.7 percent in 1991 and a maximum of 58.2 percent in 1997. The latest value from 2022 is 46.07 percent. For comparison, the world average in 2022 based on 20 countries is 32.92 percent. 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
Nicaragua - Taxes on goods and services - Recent values chart

Historical chart
Nicaragua - Taxes on goods and services - historical chart - 1990-2022

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.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 13.78 2022 percent
 Government spending, in dollars 2.16 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 0.85 2022 percent
 Government debt 60.42 2022 percent
 Government expenditure 19.19 Q3/2023 billion
 Tax revenue 19.81 2022 percent
 Commercial tax rate 60.60 2019 percent
 Tax preparation time 201 2019 hours
 Number of taxes 43 2019 taxes
 Taxes on goods and services 46.07 2022 percent
 Taxes on international trade 3.24 2022 percent
 Income and profits taxes 41.63 2022 percent
 Foreign aid 753.42 2021 million U.S. dollars
This site uses cookies.
Learn more here