Palau vs Sri Lanka: Taxes on international trade
Palau
12.3%
in 2020
Sri Lanka
12.8%
in 2023
Palau rank
31st
Sri Lanka rank
29th
Taxes on international trade over time
- Palau
- Sri Lanka
How they compare
Sri Lanka currently reports 12.8% against 12.3% in Palau, a difference of 0.5%.
Across all 13 years both countries report, Sri Lanka has been ahead every year.
Palau ranks 31st and Sri Lanka ranks 29th of 154 countries.
Sri Lanka has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Palau | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.3% | 16.6% | 6.4% | Sri Lanka |
| 2010s | 11.1% | 18.0% | 6.9% | Sri Lanka |
| 2020s | 12.3% | 26.3% | 14.0% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Palau or Sri Lanka?
- Sri Lanka, at 12.8% against 12.3% in Palau as of 2023.
- What is the difference in taxes on international trade between Palau and Sri Lanka?
- 0.5%, with Sri Lanka ahead.
- How many years of comparable data are there for Palau and Sri Lanka?
- 13 years are reported by both, from 2008 to 2020.
- How do Palau and Sri Lanka rank globally for taxes on international trade?
- Palau ranks 31st and Sri Lanka ranks 29th of 154 countries.
- 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.