Europe & Central Asia vs Sri Lanka: Taxes on international trade
Taxes on international trade over time
- Europe & Central Asia
- Sri Lanka
How they compare
Sri Lanka currently reports 12.8% against 1.8% in Europe & Central Asia, a difference of 11.0%.
That makes Sri Lanka's figure about 7.3 times Europe & Central Asia's.
Across all 20 years both countries report, Sri Lanka has been ahead every year.
Europe & Central Asia ranks 32nd and Sri Lanka ranks 29th of 41 groups.
Sri Lanka has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Europe & Central Asia | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.0% | 15.6% | 12.6% | Sri Lanka |
| 2000s | 1.4% | 12.6% | 11.2% | Sri Lanka |
| 2010s | 1.6% | 18.1% | 16.5% | Sri Lanka |
| 2020s | 1.8% | 22.5% | 20.7% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Europe & Central Asia or Sri Lanka?
- Sri Lanka, at 12.8% against 1.8% in Europe & Central Asia as of 2023.
- What is the difference in taxes on international trade between Europe & Central Asia and Sri Lanka?
- 11.0%, with Sri Lanka ahead.
- How many years of comparable data are there for Europe & Central Asia and Sri Lanka?
- 20 years are reported by both, from 1995 to 2022.
- How do Europe & Central Asia and Sri Lanka rank globally for taxes on international trade?
- Europe & Central Asia ranks 32nd and Sri Lanka ranks 29th of 41 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.