Taxes on international trade in Saint Kitts and Nevis
Saint Kitts and Nevis: Taxes on international trade was 91.60 million current LCU in 2020. ▲ Rising
Taxes on international trade in Saint Kitts and Nevis, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, taxes on international trade in Saint Kitts and Nevis stood at 91.60 million current LCU.
The figure is down 36.6% on the previous year and down 41.5% over ten years.
Over the whole period, taxes on international trade in Saint Kitts and Nevis peaked at 195.75 million current LCU in 2008 and was at its lowest, 52.71 million current LCU, in 1991.
That places Saint Kitts and Nevis 119th out of 155 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Taxes on international trade in Saint Kitts and Nevis, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 54.09 million current LCU | — |
| 1991 | 52.71 million current LCU | -2.6% |
| 1992 | 55.03 million current LCU | +4.4% |
| 1993 | 60.86 million current LCU | +10.6% |
| 1994 | 67.11 million current LCU | +10.3% |
| 2000 | 93.90 million current LCU | +39.9% |
| 2001 | 94.30 million current LCU | +0.4% |
| 2002 | 126.69 million current LCU | +34.3% |
| 2003 | 132.93 million current LCU | +4.9% |
| 2004 | 138.06 million current LCU | +3.9% |
| 2005 | 141.87 million current LCU | +2.8% |
| 2006 | 163.21 million current LCU | +15.0% |
| 2007 | 111.13 million current LCU | -31.9% |
| 2008 | 195.75 million current LCU | +76.1% |
| 2009 | 168.30 million current LCU | -14.0% |
| 2010 | 156.61 million current LCU | -6.9% |
| 2011 | 104.37 million current LCU | -33.4% |
| 2012 | 101.45 million current LCU | -2.8% |
| 2013 | 108.14 million current LCU | +6.6% |
| 2014 | 125.74 million current LCU | +16.3% |
| 2015 | 143.23 million current LCU | +13.9% |
| 2016 | 148.50 million current LCU | +3.7% |
| 2017 | 144.37 million current LCU | -2.8% |
| 2020 | 91.60 million current LCU | -36.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 57.96 million current LCU | 52.71 million current LCU | 67.11 million current LCU | 5 |
| 2000s | 136.61 million current LCU | 93.90 million current LCU | 195.75 million current LCU | 10 |
| 2010s | 129.05 million current LCU | 101.45 million current LCU | 156.61 million current LCU | 8 |
| 2020s | 91.60 million current LCU | 91.60 million current LCU | 91.60 million current LCU | 1 |
Countries ranked near Saint Kitts and Nevis
More public sector data for Saint Kitts and Nevis
- Tax revenue 15.0% (2020)
- Capital stock, General government, Current prices, Domestic currency 2.15 (2019)
- Taxes on income, profits and capital gains 15.5% (2020)
- Capital stock, General government, Constant prices, Percent of GDP 89.02 (2019)
- Capital stock, General government, Constant prices, Purchasing power 1.04 (2019)
- Taxes on goods and services 21.0% (2020)
- Net investment in nonfinancial assets 5.1% (2020)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) -2.3% (2020)
Frequently asked questions
- What is taxes on international trade in Saint Kitts and Nevis?
- Taxes on international trade in Saint Kitts and Nevis was 91.60 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Saint Kitts and Nevis?
- The highest recorded value was 195.75 million current LCU in 2008.
- What is the lowest taxes on international trade recorded in Saint Kitts and Nevis?
- The lowest recorded value was 52.71 million current LCU in 1991.
- How does Saint Kitts and Nevis rank for taxes on international trade?
- Saint Kitts and Nevis ranks 119th out of 155 countries with data for 2020.
- Is taxes on international trade rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is down 41.5%. The long-run trend across the full record is rising.
- Where does this Saint Kitts and Nevis data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.