Hong Kong vs Nicaragua: Taxes on incomes of individuals and corporations as share of GDP
Hong Kong
8.5%
in 2023
Nicaragua
9.0%
in 2022
Hong Kong rank
48th
Nicaragua rank
46th
Taxes on incomes of individuals and corporations as share of GDP over time
- Hong Kong
- Nicaragua
How they compare
Nicaragua currently reports 9.0% against 8.5% in Hong Kong, a difference of 0.5%.
That makes Nicaragua's figure about 1.1 times Hong Kong's.
Across all 24 years both countries report, Hong Kong has been ahead every year.
Hong Kong ranks 48th and Nicaragua ranks 46th of 184 countries.
Hong Kong has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hong Kong | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.9% | 1.7% | 4.2% | Hong Kong |
| 2000s | 7.3% | 3.7% | 3.6% | Hong Kong |
| 2010s | 8.4% | 6.1% | 2.4% | Hong Kong |
| 2020s | 8.6% | 8.2% | 0.3% | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on incomes of individuals and corporations as share of gdp, Hong Kong or Nicaragua?
- Nicaragua, at 9.0% against 8.5% in Hong Kong as of 2022.
- What is the difference in taxes on incomes of individuals and corporations as share of gdp between Hong Kong and Nicaragua?
- 0.5%, with Nicaragua ahead.
- How many years of comparable data are there for Hong Kong and Nicaragua?
- 24 years are reported by both, from 1997 to 2022.
- How do Hong Kong and Nicaragua rank globally for taxes on incomes of individuals and corporations as share of gdp?
- Hong Kong ranks 48th and Nicaragua ranks 46th of 184 countries.
- Where does this data come from?
- UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as Taxes on incomes of individuals and corporations as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.