Taxes on international trade in India
India: Taxes on international trade was 5.5% in 2022. ▼ Falling
Taxes on international trade in India, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2022, taxes on international trade in India stood at 5.5%.
That represents a change of down 63.0% over ten years.
Over the whole period, taxes on international trade in India peaked at 28.7% in 1987 and was at its lowest, 4.5%, in 2018.
That places India 62nd out of 154 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 46 years of available data.
Taxes on international trade in India, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1974 | 19.8% | — |
| 1975 | 15.9% | -19.8% |
| 1976 | 16.2% | +1.9% |
| 1977 | 16.3% | +0.4% |
| 1978 | 18.1% | +11.3% |
| 1979 | 20.0% | +10.5% |
| 1980 | 21.4% | +7.2% |
| 1981 | 22.4% | +4.3% |
| 1982 | 23.6% | +5.6% |
| 1983 | 22.5% | -4.5% |
| 1984 | 23.7% | +5.1% |
| 1985 | 26.4% | +11.2% |
| 1986 | 28.2% | +6.8% |
| 1987 | 28.7% | +1.8% |
| 1988 | 28.3% | -1.2% |
| 1989 | 26.7% | -5.8% |
| 1990 | 28.6% | +7.1% |
| 1991 | 25.8% | -9.8% |
| 1992 | 24.1% | -6.4% |
| 1993 | 21.9% | -9.4% |
| 1994 | 21.7% | -0.6% |
| 1995 | 24.2% | +11.3% |
| 1996 | 24.9% | +3.0% |
| 1997 | 21.6% | -13.2% |
| 1998 | 20.8% | -4.0% |
| 1999 | 20.7% | -0.3% |
| 2000 | 18.9% | -8.6% |
| 2001 | 15.6% | -17.3% |
| 2002 | 15.4% | -1.4% |
| 2003 | 14.6% | -5.3% |
| 2004 | 14.9% | +1.8% |
| 2005 | 14.4% | -3.0% |
| 2006 | 15.2% | +5.2% |
| 2007 | 14.7% | -3.3% |
| 2008 | 14.1% | -3.6% |
| 2009 | 11.4% | -19.3% |
| 2010 | 13.5% | +17.9% |
| 2011 | 14.8% | +10.2% |
| 2012 | 14.9% | +0.3% |
| 2013 | 13.2% | -11.1% |
| 2014 | 13.0% | -1.3% |
| 2015 | 12.3% | -5.8% |
| 2016 | 11.3% | -8.1% |
| 2017 | 6.2% | -45.0% |
| 2018 | 4.5% | -27.4% |
| 2022 | 5.5% | +21.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.7% | 15.9% | 20.0% | 6 |
| 1980s | 25.2% | 21.4% | 28.7% | 10 |
| 1990s | 23.4% | 20.7% | 28.6% | 10 |
| 2000s | 14.9% | 11.4% | 18.9% | 10 |
| 2010s | 11.5% | 4.5% | 14.9% | 9 |
| 2020s | 5.5% | 5.5% | 5.5% | 1 |
Countries ranked near India
- 59 Trinidad and Tobago 6.0% compare
- 60 Tunisia 5.9% compare
- 61 Paraguay 5.7% compare
- 63 Dominican Republic 5.5% compare
- 64 Marshall Islands 5.4% compare
- 65 Rwanda 5.4% compare
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.805 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 -21.66 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 59.36 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0229 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.66 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 86.13 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 501.48 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on international trade in India?
- Taxes on international trade in India was 5.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in India?
- The highest recorded value was 28.7% in 1987.
- What is the lowest taxes on international trade recorded in India?
- The lowest recorded value was 4.5% in 2018.
- How does India rank for taxes on international trade?
- India ranks 62nd out of 154 countries with data for 2022.
- Is taxes on international trade rising or falling in India?
- Over the last ten years it is down 63.0%. The long-run trend across the full record is falling.
- Where does this India 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.