Taxes on international trade in IBRD only
IBRD only: Taxes on international trade was 3.0% in 2024. ▼ Falling
Taxes on international trade in IBRD only, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on international trade in IBRD only stood at 3.0%.
Compared with earlier readings it is down 2.2% on the previous year and down 19.9% over ten years.
Over the whole period, taxes on international trade in IBRD only peaked at 10.9% in 1994 and was at its lowest, 3.0%, in 2020.
IBRD only ranks 27th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Taxes on international trade in IBRD only, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1994 | 10.9% | — |
| 1995 | 9.6% | -12.0% |
| 1996 | 10.3% | +6.6% |
| 1997 | 8.8% | -14.7% |
| 1998 | 8.0% | -8.9% |
| 1999 | 6.8% | -14.7% |
| 2000 | 6.0% | -12.1% |
| 2001 | 5.7% | -4.9% |
| 2002 | 6.9% | +20.6% |
| 2003 | 6.5% | -5.8% |
| 2004 | 6.7% | +3.5% |
| 2005 | 5.8% | -13.6% |
| 2006 | 5.3% | -8.2% |
| 2007 | 5.2% | -1.8% |
| 2008 | 5.1% | -2.4% |
| 2009 | 4.4% | -13.9% |
| 2010 | 4.3% | -2.7% |
| 2011 | 4.4% | +3.4% |
| 2012 | 4.4% | -0.8% |
| 2013 | 4.1% | -5.6% |
| 2014 | 3.8% | -8.0% |
| 2015 | 3.5% | -6.5% |
| 2016 | 3.4% | -3.0% |
| 2017 | 3.3% | -3.4% |
| 2018 | 3.5% | +4.4% |
| 2019 | 3.4% | -2.2% |
| 2020 | 3.0% | -11.7% |
| 2021 | 3.3% | +9.2% |
| 2022 | 3.2% | -3.2% |
| 2023 | 3.1% | -2.1% |
| 2024 | 3.0% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.1% | 6.8% | 10.9% | 6 |
| 2000s | 5.7% | 4.4% | 6.9% | 10 |
| 2010s | 3.8% | 3.3% | 4.4% | 10 |
| 2020s | 3.1% | 3.0% | 3.3% | 5 |
Countries ranked near IBRD only
- 24 Solomon Islands 13.5% compare
- 25 Kazakhstan 13.2% compare
- 26 Fiji 13.0% compare
- 27 Lesotho 13.0% compare
- 28 Saint Kitts and Nevis 12.9% compare
- 29 Sri Lanka 12.8% compare
- 30 Seychelles 12.4% compare
More public sector data for IBRD only
- Arms imports 11.74 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.36 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -10.26 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 11.74 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 171.58 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.021 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.21 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 854.40 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 184.84 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on international trade in IBRD only?
- Taxes on international trade in IBRD only was 3.0% 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 IBRD only?
- The highest recorded value was 10.9% in 1994.
- What is the lowest taxes on international trade recorded in IBRD only?
- The lowest recorded value was 3.0% in 2020.
- How does IBRD only rank for taxes on international trade?
- IBRD only ranks 27th out of 41 groups with data for 2024.
- Is taxes on international trade rising or falling in IBRD only?
- Over the last ten years it is down 19.9%. The long-run trend across the full record is falling.
- Where does this IBRD only 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.