Tonga: Tax revenue
* indicates monthly or quarterly data series
| Tonga |
Tax revenue, percent of GDP |
|---|---|
| Latest value | 21.30 |
| Year | 2020 |
| Measure | percent |
| Data availability | 2013 - 2020 |
| Average | 19.76 |
| Min - Max | 16.98 - 21.95 |
| Source | The World Bank |
The latest value from 2020 is 21.3 percent, an increase from 20.89 percent in 2019. In comparison, the world average is 16.22 percent, based on data from 132 countries. Historically, the average for Tonga from 2013 to 2020 is 19.76 percent. The minimum value, 16.98 percent, was reached in 2013 while the maximum of 21.95 percent was recorded in 2018.
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* indicates monthly or quarterly data series
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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.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 30.70 | 2021 | percent |
| Government spending, in dollars | 0.16 | 2022 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.74 | 2021 | percent |
| Tax revenue | 21.30 | 2020 | percent |
| Commercial tax rate | 27.50 | 2019 | percent |
| Tax preparation time | 200 | 2019 | hours |
| Number of taxes | 30 | 2019 | taxes |
| Taxes on goods and services | 32.51 | 2020 | percent |
| Taxes on international trade | 5.06 | 2020 | percent |
| Income and profits taxes | 10.61 | 2020 | percent |
| Foreign aid | 295.05 | 2022 | million U.S. dollars |