Taxes on goods and services in Tonga
Tonga: Taxes on goods and services was 195.60 million current LCU in 2023. ▲ Rising
Taxes on goods and services in Tonga, 2013–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Tonga recorded 195.60 million current LCU for taxes on goods and services in 2023. That is the highest value across all 11 years on record.
The figure is up 10.4% on the previous year and up 125.2% over ten years.
Over the whole period, taxes on goods and services in Tonga peaked at 195.60 million current LCU in 2023 and was at its lowest, 86.85 million current LCU, in 2013.
That places Tonga 147th out of 157 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 123.09 million current LCU | 86.85 million current LCU | 157.56 million current LCU | 7 |
| 2020s | 176.71 million current LCU | 160.73 million current LCU | 195.60 million current LCU | 4 |
Countries ranked near Tonga
- 144 Bahrain 288.68 million current LCU compare
- 145 Saint Vincent and the Grenadines 265.65 million current LCU compare
- 146 Andorra 253.39 million current LCU compare
- 148 Saint Kitts and Nevis 148.60 million current LCU compare
- 149 San Marino 147.33 million current LCU compare
- 150 East Timor 100.98 million current LCU compare
More public sector data for Tonga
- Arms imports 7.00 million SIPRI trend indicator values (2020)
- Tax revenue 20.5% (2023)
- Taxes on income, profits and capital gains 8.9% (2023)
- Taxes on goods and services 30.0% (2023)
- Net investment in nonfinancial assets 6.8% (2023)
- Net lending (+) / net borrowing (-) 5.3% (2023)
- Interest payments 1.3% (2023)
- Grants and other revenue 56.2% (2023)
- Interest payments 1.7% (2023)
- Other taxes 0.1% (2023)
Frequently asked questions
- What is taxes on goods and services in Tonga?
- Taxes on goods and services in Tonga was 195.60 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Tonga?
- The highest recorded value was 195.60 million current LCU in 2023.
- What is the lowest taxes on goods and services recorded in Tonga?
- The lowest recorded value was 86.85 million current LCU in 2013.
- How does Tonga rank for taxes on goods and services?
- Tonga ranks 147th out of 157 countries with data for 2023.
- Is taxes on goods and services rising or falling in Tonga?
- Over the last ten years it is up 125.2%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.