Tonga: Taxes on goods and services
* indicates monthly or quarterly data series
| Tonga |
Taxes on goods and services, percent of total revenue |
|---|---|
| Latest value | 29.98 |
| Year | 2023 |
| Measure | percent |
| Data availability | 2013 - 2023 |
| Average | 32.83 |
| Min - Max | 29.98 - 35.77 |
| Source | The World Bank |
The latest value from 2023 is 29.98 percent, a decline from 31.52 percent in 2022. In comparison, the world average is 32.78 percent, based on data from 88 countries. Historically, the average for Tonga from 2013 to 2023 is 32.83 percent. The minimum value, 29.98 percent, was reached in 2023 while the maximum of 35.77 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 |
|---|---|---|---|
| Government spending, percent of GDP | 29.13 | 2023 | percent |
| Government spending, in dollars | 0.15 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.74 | 2021 | percent |
| Tax revenue | 23.77 | 2023 | percent |
| Commercial tax rate | 27.50 | 2019 | percent |
| Tax preparation time | 200 | 2019 | hours |
| Taxes on goods and services | 29.98 | 2023 | percent |
| Taxes on international trade | 4.84 | 2023 | percent |
| Income and profits taxes | 8.88 | 2023 | percent |
| Foreign aid | 295.05 | 2022 | million U.S. dollars |