Taxes on goods and services as a share of revenue reached 47.1% in 2020 in Nicaragua, according to the National Statistical Office. This is 2.59% more than in the previous year.
Historically, taxes on goods and services as a share of revenue in Nicaragua reached an all time high of 58.2% in 1997 and an all time low of 31.7% in 1991.
Nicaragua has been ranked 13th within the group of 111 countries we follow in terms of taxes on goods and services as a share of revenue.
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