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Small states Tax revenue (% of GDP) 2026: Interactive Chart & Historical Data

Tax revenue (% of GDP) in Small states stood at 20.51% in 2019, according to World Bank. The latest value is down 0.63 percentage points from 21.13% in 2018. Ten years earlier, in 2009, the value was 21.33% (down 0.82 percentage points since). The highest value since 2001 was 23.5% in 2012, the lowest 18.85% in 2002.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Tax revenue (% of GDP)?

Tax revenue (% of GDP), measured in %, measures the total economic output of Small states. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Small states, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Tax revenue (% of GDP) in Small states?

Tax revenue (% of GDP) in Small states stood at 20.51% in 2019, according to World Bank.

Is Tax revenue (% of GDP) in Small states rising or falling?

The latest value is down 0.63 percentage points from 21.13% in 2018. Ten years earlier, in 2009, the value was 21.33% (down 0.82 percentage points since).

What is the highest Tax revenue (% of GDP) on record in Small states?

The highest value since 2001 was 23.5% in 2012, the lowest 18.85% in 2002.

Metadata for Tax revenue (% of GDP) in Small states
IndicatorTax revenue (% of GDP)
CountrySmall states
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 20.51% (2019)

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Source:World Bank — series GC.TAX.TOTL.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Tax revenue (% of GDP) — Small states [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/SST. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS

MLA

World Bank. "Tax revenue (% of GDP) — Small states." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/SST. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

Chicago

World Bank. 2026. "Tax revenue (% of GDP) — Small states." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/SST. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

BibTeX
@misc{econdash_wdi_gc_tax_totl_gd_zs_sst,
  author = {{World Bank}},
  title = {{Tax revenue (\% of GDP) --- Small states}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/SST},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS}
}