World Data Atlas Topics Economy Tax on Goods and Services

The tax on goods and services in Jamaica

45.81 % in 2020

Though Jamaica tax on goods and services fluctuated substantially in recent years, it tended to increase through 2001 - 2020 period ending at 45.81 % in 2020.

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The tax on goods and services in Jamaica
Current Prices Local Currency 263.6B current LCU in 2020 WB
Share of Value Added 16.72 % in 2020 WB
The tax on goods and services in Central America and the Caribbean
Guatemala 53.04 % in 2020 WB
Dominican Republic 48.48 % in 2020 WB
Belize 48.07 % in 2017 WB
Nicaragua 47.13 % in 2020 WB
Barbados 45.88 % in 2016 WB
Honduras 43.38 % in 2020 WB
El Salvador 40.28 % in 2020 WB
Panama 33.36 % in 2020 WB
Costa Rica 27.2 % in 2020 WB
Government Finance Government Revenue Tax revenue in Jamaica
Tax on Income, Profits and Capital Gains 33.24 % in 2020 WB
Taxes on International Trade 8.83 % in 2020 WB