World Data Atlas Topics Economy Tax on Goods and Services

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

3.4 % 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 3.4 % in 2020.

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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 Value Added 1.6 % in 2020 WB
The tax on goods and services in Oceania
Samoa 41.11 % in 2020 WB
Fiji 39.33 % in 2020 WB
New Zealand 29.49 % in 2020 WB
Vanuatu 28.06 % in 2020 WB
Papua New Guinea 27.89 % in 2020 WB
Australia 19.33 % in 2020 WB
Palau 14.15 % in 2020 WB
Solomon Islands 12.64 % in 2020 WB
Kiribati 12.36 % in 2020 WB
Marshall Islands 8.39 % 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