Taxes on international trade in Least developed countries
Least developed countries: Taxes on international trade was 9.8% in 2021. ▬ Flat
Taxes on international trade in Least developed countries, 2010–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Least developed countries recorded 9.8% for taxes on international trade in 2021.
Compared with earlier readings it is up 6.3% on the previous year and up 4.9% over ten years.
Over the whole period, taxes on international trade in Least developed countries peaked at 10.6% in 2015 and was at its lowest, 9.2%, in 2014.
Least developed countries ranks 11th of 41 groups on this measure, in the top quarter.
Taxes on international trade in Least developed countries, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2010 | 9.4% | — |
| 2012 | 9.5% | +1.4% |
| 2013 | 9.5% | -0.2% |
| 2014 | 9.2% | -3.4% |
| 2015 | 10.6% | +15.5% |
| 2016 | 9.5% | -10.4% |
| 2017 | 9.5% | +0.3% |
| 2018 | 10.4% | +9.8% |
| 2019 | 9.9% | -5.7% |
| 2020 | 9.2% | -6.2% |
| 2021 | 9.8% | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.7% | 9.2% | 10.6% | 9 |
| 2020s | 9.5% | 9.2% | 9.8% | 2 |
Countries ranked near Least developed countries
- 8 Philippines 20.8% compare
- 9 Gabon 19.8% compare
- 10 Somalia 18.5% compare
- 11 Ethiopia 18.5% compare
- 12 Maldives 17.7% compare
- 13 Saint Vincent and the Grenadines 17.6% compare
- 14 Tanzania, United Republic of 16.9% compare
More public sector data for Least developed countries
- Arms imports 748.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.645 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -26.74 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 748.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 19.79 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0152 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 23.48 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.74 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on international trade in Least developed countries?
- Taxes on international trade in Least developed countries was 9.8% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Least developed countries?
- The highest recorded value was 10.6% in 2015.
- What is the lowest taxes on international trade recorded in Least developed countries?
- The lowest recorded value was 9.2% in 2014.
- How does Least developed countries rank for taxes on international trade?
- Least developed countries ranks 11th out of 41 groups with data for 2021.
- Is taxes on international trade rising or falling in Least developed countries?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is flat.
- Where does this Least developed 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.