Taxes On Goods And Services

Carribean Ranking

percent of total revenueSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Bahamas	67.36	2019	1	62.46
2	Dominican Republic	51.86	2019	2	52.06
3 ↑	Belize	48.07	2017	5	46.66
4 ↓	Barbados	45.88	2016	3	48.36
5 ↑	Saint Vincent and the Grenadines	43.46	2017	6	42.74
6 ↑	Saint Lucia	34.8	2017	7	40.95
7 ↓	Jamaica	25.97	2019	4	47.8
8	Trinidad and Tobago	18.7	2017	8	18.7

Definition of Taxes On Goods And Services

Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.