Solomon Islands - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Solomon Islands was 605,391,000 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 978,054,500 in 2017 and a minimum value of 542,538,600 in 2011.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year	Value
2011	542,538,600
2012	549,098,700
2013	582,774,400
2014	642,117,700
2015	585,369,200
2016	560,421,500
2017	978,054,500
2018	689,323,400
2019	657,471,700
2020	605,391,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Solomon Islands was 12.64 as of 2020. Its highest value over the past 9 years was 22.14 in 2017, while its lowest value was 12.64 in 2020.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

• Thematic map
• Country comparison
• Country ranking
• More details
• Download data to Excel

Year	Value
2011	20.33
2012	18.53
2013	13.68
2014	15.53
2015	13.38
2016	14.18
2017	22.14
2018	14.78
2019	14.58
2020	12.64

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance