European Union vs Jamaica: Taxes on international trade
Taxes on international trade over time
- European Union
- Jamaica
How they compare
Jamaica currently reports 8.8% against 0.4% in European Union, a difference of 8.4%.
That makes Jamaica's figure about 22.5 times European Union's.
Across all 12 years both countries report, Jamaica has been ahead every year.
European Union ranks 40th and Jamaica ranks 43rd of 41 groups.
Jamaica has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | European Union | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.5% | 12.6% | 10.1% | Jamaica |
| 2000s | 0.9% | 10.4% | 9.5% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, European Union or Jamaica?
- Jamaica, at 8.8% against 0.4% in European Union as of 2020.
- What is the difference in taxes on international trade between European Union and Jamaica?
- 8.4%, with Jamaica ahead.
- How many years of comparable data are there for European Union and Jamaica?
- 12 years are reported by both, from 1993 to 2004.
- How do European Union and Jamaica rank globally for taxes on international trade?
- European Union ranks 40th and Jamaica ranks 43rd 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.