St. Lucia Tax Revenue
Tax revenue as % of GDP GC.TAX.TOTL.GD.ZS
St. Lucia's tax revenue was 18.23% in 2017, ranked 91st globally. This represents a 4.8% decrease from 2016. Data from World Bank, covering 2000–2017.
Overview
St. Lucia's tax revenue stood at 18.23% in 2017, a decline of +0.92% from 2016. St. Lucia ranked 91st globally.
St. Lucia's tax revenue as a percentage of GDP has exhibited a moderate increase over the past two decades. The island nation's tax revenue stood at 18.23% in 2017, ranking 91 globally, a slight improvement from the 17.05% recorded in 2000. St. Lucia's tax revenue peaked at 19.14% in 2016, surpassing that of peer country Uruguay, which had a tax revenue of 18.08% in 2017. Conversely, the country experienced a trough of 16.17% in 2003. The fluctuations in tax revenue can be attributed to various factors, including changes in economic growth and government policies. The slight dip in tax revenue from the peak in 2016 to 2017 suggests a stabilizing trend. However, a significant shift in tax policies or an economic downturn in major trading partners could potentially alter the trajectory of St. Lucia's tax revenue.
Data & projection
| Year | Tax Revenue | YoY change | Rank |
|---|---|---|---|
| 2017 | 18.23% | −0.92% | #91 |
| 2016 | 19.14% | +0.43% | #92 |
| 2015 | 18.71% | +0.60% | #94 |
| 2014 | 18.11% | −0.05% | #89 |
| 2013 | 18.16% | +1.01% | #84 |
| 2012 | 17.15% | −0.89% | #75 |
| 2011 | 18.05% | −0.17% | #82 |
| 2010 | 18.21% | −0.92% | #83 |
| 2009 | 19.13% | +0.45% | #86 |
| 2008 | 18.68% | +0.42% | #67 |
| 2007 | 18.27% | +0.64% | #57 |
| 2006 | 17.63% | −0.01% | #55 |
| 2005 | 17.64% | +0.43% | #55 |
| 2004 | 17.21% | +1.05% | #59 |
| 2003 | 16.17% | −0.50% | #53 |
Analysis
St. Lucia's tax revenue was 18.23% in 2017, a decline of −0.92% from 2016.
Frequently Asked Questions
St. Lucia's tax revenue was 18.23% in 2017. Ranked 91st globally. This represents a 4.8% decrease from the previous year.
St. Lucia's tax revenue peaked at 19.14% in 2016.
The lowest tax revenue in St. Lucia was 16.17% in 2003.
St. Lucia ranks 91st globally in tax revenue as of 2017.
The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.
The tax revenue of St. Lucia in 2017 was 18.23%. This ranks 91st in the world.
Cite this page
@misc{historysaid_st-lucia_tax-revenue,
title = {St. Lucia Tax Revenue},
url = {https://historysaid.com/st-lucia/tax-revenue/},
publisher = {HistorySaid},
year = {2026}
}