Taxes on international trade in Seychelles
Seychelles: Taxes on international trade was 12.4% in 2008. ▼ Falling
Taxes on international trade in Seychelles, 1985–2008
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 Seychelles is 12.4%, measured in 2008.
Compared with earlier readings it is down 16.6% on the previous year and down 70.7% over ten years.
Over the whole period, taxes on international trade in Seychelles peaked at 50.6% in 1988 and was at its lowest, 11.5%, in 2006.
That places Seychelles 30th out of 154 countries with data for 2008, putting it in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Taxes on international trade in Seychelles, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1985 | 31.4% | — |
| 1986 | 34.4% | +9.6% |
| 1987 | 41.0% | +19.1% |
| 1988 | 50.6% | +23.4% |
| 1989 | 44.2% | -12.7% |
| 1993 | 48.9% | +10.8% |
| 1994 | 46.1% | -5.9% |
| 1995 | 45.5% | -1.2% |
| 1996 | 40.6% | -10.8% |
| 1997 | 41.4% | +1.9% |
| 1998 | 42.3% | +2.2% |
| 1999 | 38.2% | -9.8% |
| 2000 | 41.0% | +7.4% |
| 2005 | 16.5% | -59.6% |
| 2006 | 11.5% | -30.6% |
| 2007 | 14.9% | +29.6% |
| 2008 | 12.4% | -16.6% |
Seychelles compared with similar countries
- Seychelles's 12.4% is above the median for high income countries, which is 0.4%, 27.8× the median. (55 countries reporting)
- Seychelles's 12.4% is above the median for Sub-Saharan Africa, which is 11.2%, 1.1× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 40.3% | 31.4% | 50.6% | 5 |
| 1990s | 43.3% | 38.2% | 48.9% | 7 |
| 2000s | 19.2% | 11.5% | 41.0% | 5 |
Countries ranked near Seychelles
More public sector data for Seychelles
- Arms imports 19.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 191.42 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0128 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 19.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 221.34 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0121 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -19.16 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 26.86 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 41,304 SIPRI trend indicator values per square kilometre (2021)
- Military expenditure (current USD), per square kilometre 72,231 current USD per square kilometre (2023)
Frequently asked questions
- What is taxes on international trade in Seychelles?
- Taxes on international trade in Seychelles was 12.4% in 2008, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Seychelles?
- The highest recorded value was 50.6% in 1988.
- What is the lowest taxes on international trade recorded in Seychelles?
- The lowest recorded value was 11.5% in 2006.
- How does Seychelles rank for taxes on international trade?
- Seychelles ranks 30th out of 154 countries with data for 2008.
- Is taxes on international trade rising or falling in Seychelles?
- Over the last ten years it is down 70.7%. The long-run trend across the full record is falling.
- Where does this Seychelles 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.