Taxes on international trade in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Taxes on international trade was 2.4% in 2024. ▼ Falling
Taxes on international trade in Europe & Central Asia (IDA & IBRD countries), 1997–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Europe & Central Asia (IDA & IBRD countries) recorded 2.4% for taxes on international trade in 2024. That is the lowest value across all 28 years on record.
That represents a change of down 28.5% on the previous year and down 18.1% over ten years.
Over the whole period, taxes on international trade in Europe & Central Asia (IDA & IBRD countries) peaked at 6.3% in 1997 and was at its lowest, 2.4%, in 2024.
That places Europe & Central Asia (IDA & IBRD countries) 31st out of 41 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Taxes on international trade in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of revenue | Change |
|---|---|---|
| 1997 | 6.3% | — |
| 1998 | 5.6% | -11.9% |
| 1999 | 5.7% | +3.1% |
| 2000 | 5.2% | -8.8% |
| 2001 | 5.2% | -0.7% |
| 2002 | 5.6% | +7.5% |
| 2003 | 6.2% | +11.1% |
| 2004 | 5.3% | -14.9% |
| 2005 | 4.9% | -7.4% |
| 2006 | 3.7% | -24.3% |
| 2007 | 3.9% | +6.4% |
| 2008 | 3.0% | -24.5% |
| 2009 | 2.5% | -16.0% |
| 2010 | 2.5% | -1.8% |
| 2011 | 3.0% | +24.3% |
| 2012 | 3.0% | -3.1% |
| 2013 | 2.9% | -1.0% |
| 2014 | 2.9% | -1.4% |
| 2015 | 3.0% | +3.7% |
| 2016 | 2.8% | -5.6% |
| 2017 | 2.7% | -3.4% |
| 2018 | 3.0% | +9.4% |
| 2019 | 2.7% | -9.4% |
| 2020 | 2.6% | -2.6% |
| 2021 | 3.1% | +19.5% |
| 2022 | 2.9% | -8.3% |
| 2023 | 3.3% | +14.4% |
| 2024 | 2.4% | -28.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.9% | 5.6% | 6.3% | 3 |
| 2000s | 4.6% | 2.5% | 6.2% | 10 |
| 2010s | 2.8% | 2.5% | 3.0% | 10 |
| 2020s | 2.9% | 2.4% | 3.3% | 5 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
More public sector data for Europe & Central Asia (IDA & IBRD countries)
- Arms imports 8.83 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.2 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0014 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.61 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.83 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 657.44 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0492 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 25.48 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 302.41 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 338.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on international trade in Europe & Central Asia (IDA & IBRD countries)?
- Taxes on international trade in Europe & Central Asia (IDA & IBRD countries) was 2.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 6.3% in 1997.
- What is the lowest taxes on international trade recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 2.4% in 2024.
- How does Europe & Central Asia (IDA & IBRD countries) rank for taxes on international trade?
- Europe & Central Asia (IDA & IBRD countries) ranks 31st out of 41 groups with data for 2024.
- Is taxes on international trade rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is down 18.1%. The long-run trend across the full record is falling.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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 (% of revenue). Statizoid updates them automatically from the source API.
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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.