Least developed countries vs Somalia: Taxes on international trade
Taxes on international trade over time
- Least developed countries
- Somalia
How they compare
Somalia currently reports 18.5% against 9.8% in Least developed countries, a difference of 8.7%.
That makes Somalia's figure about 1.9 times Least developed countries's.
Across all 5 years both countries report, Somalia has been ahead every year.
Least developed countries ranks 11th and Somalia ranks 10th of 41 groups.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 9.9% | 35.3% | 25.4% | Somalia |
| 2020s | 9.5% | 23.5% | 13.9% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Least developed countries or Somalia?
- Somalia, at 18.5% against 9.8% in Least developed countries as of 2024.
- What is the difference in taxes on international trade between Least developed countries and Somalia?
- 8.7%, with Somalia ahead.
- How many years of comparable data are there for Least developed countries and Somalia?
- 5 years are reported by both, from 2017 to 2021.
- How do Least developed countries and Somalia rank globally for taxes on international trade?
- Least developed countries ranks 11th and Somalia ranks 10th 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.
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.