World Data Atlas Topics Economy Tax on Goods and Services

The tax on goods and services in Micronesia (Federated States of)

1.6 % in 2020

Though Micronesia (Federated States of) tax on goods and services fluctuated substantially in recent years, it tended to decrease through 2011 - 2020 period ending at 1.6 % in 2020.

The description is composed by our digital data assistant.
The tax on goods and services in Micronesia (Federated States of)
Current Prices Local Currency 4,687,666 current LCU in 2020 WB
Share of Revenue 3.4 % in 2020 WB
The tax on goods and services in Oceania
Kiribati 20.85 % in 2020 WB
Samoa 20.51 % in 2020 WB
Fiji 13.21 % in 2020 WB
New Zealand 10.88 % in 2020 WB
Palau 7.98 % in 2020 WB
Solomon Islands 7.28 % in 2020 WB
Marshall Islands 7.26 % in 2020 WB
Australia 5.41 % in 2020 WB
Papua New Guinea 5.3 % in 2020 WB
Government Finance Government Revenue The tax revenue of Micronesia (Federated States of)
Tax on Income, Profits and Capital Gains 10.94 % in 2020 WB
Taxes on International Trade 4.5 % in 2020 WB
Other Taxes 0.19 % in 2020 WB