Taxes on international trade in Late-demographic dividend
Late-demographic dividend: Taxes on international trade was 2.7% in 2024. ▼ Falling
Taxes on international trade in Late-demographic dividend, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on international trade in Late-demographic dividend is 2.7%, measured in 2024. That is the lowest value across all 30 years on record.
Compared with earlier readings it is down 11.0% on the previous year and down 12.2% over ten years.
Over the whole period, taxes on international trade in Late-demographic dividend peaked at 9.3% in 1995 and was at its lowest, 2.7%, in 2024.
That places Late-demographic dividend 30th out of 41 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Taxes on international trade in Late-demographic dividend, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1995 | 9.3% | — |
| 1996 | 8.9% | -5.0% |
| 1997 | 8.4% | -5.2% |
| 1998 | 7.9% | -5.9% |
| 1999 | 7.1% | -10.4% |
| 2000 | 6.0% | -14.7% |
| 2001 | 5.4% | -10.8% |
| 2002 | 5.9% | +9.1% |
| 2003 | 5.9% | -0.3% |
| 2004 | 5.4% | -7.1% |
| 2005 | 5.2% | -3.8% |
| 2006 | 5.0% | -4.0% |
| 2007 | 5.2% | +3.5% |
| 2008 | 5.1% | -2.4% |
| 2009 | 4.2% | -17.5% |
| 2010 | 4.1% | -2.0% |
| 2011 | 3.9% | -6.0% |
| 2012 | 3.9% | +1.3% |
| 2013 | 3.6% | -9.2% |
| 2014 | 3.0% | -15.0% |
| 2015 | 3.1% | +2.4% |
| 2016 | 3.0% | -1.5% |
| 2017 | 3.0% | -0.7% |
| 2018 | 3.0% | +0.6% |
| 2019 | 3.0% | -0.9% |
| 2020 | 2.9% | -5.4% |
| 2021 | 3.0% | +4.7% |
| 2022 | 2.9% | -1.9% |
| 2023 | 3.0% | +1.7% |
| 2024 | 2.7% | -11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.3% | 7.1% | 9.3% | 5 |
| 2000s | 5.3% | 4.2% | 6.0% | 10 |
| 2010s | 3.4% | 3.0% | 4.1% | 10 |
| 2020s | 2.9% | 2.7% | 3.0% | 5 |
Countries ranked near Late-demographic dividend
More public sector data for Late-demographic dividend
- Arms imports 6.92 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.97 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -9.75 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.92 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 259.7 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0202 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.9 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 604.82 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 172.06 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on international trade in Late-demographic dividend?
- Taxes on international trade in Late-demographic dividend was 2.7% 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 Late-demographic dividend?
- The highest recorded value was 9.3% in 1995.
- What is the lowest taxes on international trade recorded in Late-demographic dividend?
- The lowest recorded value was 2.7% in 2024.
- How does Late-demographic dividend rank for taxes on international trade?
- Late-demographic dividend ranks 30th out of 41 groups with data for 2024.
- Is taxes on international trade rising or falling in Late-demographic dividend?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is falling.
- Where does this Late-demographic dividend 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.
Download this data
CSV · JSON — 30 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.