Saint Lucia: Taxes on goods and services
* indicates monthly or quarterly data series
| Saint Lucia |
Taxes on goods and services, percent of total revenue |
|---|---|
| Latest value | 34.80 |
| Year | 2017 |
| Measure | percent |
| Data availability | 2000 - 2017 |
| Average | 21.91 |
| Min - Max | 11.72 - 41.11 |
| Source | The World Bank |
The latest value from 2017 is 34.8 percent, a decline from 40.95 percent in 2016. In comparison, the world average is 33.27 percent, based on data from 134 countries. Historically, the average for Saint Lucia from 2000 to 2017 is 21.91 percent. The minimum value, 11.72 percent, was reached in 2000 while the maximum of 41.11 percent was recorded in 2013.
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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.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Fiscal balance, percent of GDP | -2.14 | 2023 | percent |
| Government debt | 85.60 | 2022 | percent |
| Tax revenue | 18.24 | 2017 | percent |
| Commercial tax rate | 34.70 | 2019 | percent |
| Tax preparation time | 110 | 2019 | hours |
| Number of taxes | 35 | 2019 | taxes |
| Taxes on goods and services | 34.80 | 2017 | percent |
| Taxes on international trade | 29.18 | 2017 | percent |
| Income and profits taxes | 22.69 | 2017 | percent |
| Foreign aid | 99.95 | 2021 | million U.S. dollars |