Laos vs Somalia: Taxes on international trade (current LCU)
Taxes on international trade (current LCU) over time
- Laos
- Somalia
How they compare
Somalia currently reports 4.75 trillion current LCU against 2.59 trillion current LCU in Laos, a difference of 2.15 trillion current LCU.
That makes Somalia's figure about 1.8 times Laos's.
Across all 6 years both countries report, Somalia has been ahead every year.
Laos ranks 12th and Somalia ranks 9th of 155 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Laos | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.04 trillion current LCU | 2.43 trillion current LCU | 1.39 trillion current LCU | Somalia |
| 2020s | 1.63 trillion current LCU | 2.77 trillion current LCU | 1.14 trillion current LCU | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Laos or Somalia?
- Somalia, at 4.75 trillion current LCU against 2.59 trillion current LCU in Laos as of 2024.
- What is the difference in taxes on international trade between Laos and Somalia?
- 2.15 trillion current LCU, with Somalia ahead.
- How many years of comparable data are there for Laos and Somalia?
- 6 years are reported by both, from 2017 to 2022.
- How do Laos and Somalia rank globally for taxes on international trade?
- Laos ranks 12th and Somalia ranks 9th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.