Taxes on international trade in Small states
Small states: Taxes on international trade was 1.2% in 2019. ◆ Volatile
Taxes on international trade in Small states, 1991–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Small states recorded 1.2% for taxes on international trade in 2019.
That represents a change of down 26.9% on the previous year and down 64.0% over ten years.
Over the whole period, taxes on international trade in Small states peaked at 36.1% in 1999 and was at its lowest, 1.0%, in 2013.
That places Small states 34th out of 41 groups with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on international trade in Small states, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1991 | 23.6% | — |
| 1992 | 21.3% | -9.8% |
| 1993 | 21.5% | +1.0% |
| 1994 | 21.2% | -1.3% |
| 1995 | 17.0% | -19.8% |
| 1996 | 16.7% | -1.9% |
| 1997 | 15.2% | -8.9% |
| 1998 | 15.0% | -1.3% |
| 1999 | 36.1% | +140.8% |
| 2000 | 27.5% | -23.9% |
| 2001 | 15.1% | -44.9% |
| 2002 | 13.4% | -11.6% |
| 2003 | 12.6% | -6.0% |
| 2004 | 5.7% | -55.0% |
| 2005 | 12.2% | +115.0% |
| 2006 | 10.7% | -12.2% |
| 2007 | 9.2% | -13.8% |
| 2008 | 7.6% | -17.8% |
| 2009 | 3.3% | -56.6% |
| 2010 | 2.2% | -33.8% |
| 2011 | 2.1% | -4.2% |
| 2012 | 1.8% | -11.5% |
| 2013 | 1.0% | -46.2% |
| 2014 | 1.4% | +37.2% |
| 2015 | 1.1% | -19.3% |
| 2016 | 1.5% | +36.9% |
| 2017 | 1.6% | +3.3% |
| 2018 | 1.6% | +4.0% |
| 2019 | 1.2% | -26.9% |
Biggest year-on-year movements
Years where Taxes on international trade in Small states changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +140.8% | 15.0% | 36.1% |
| 2005 | +115.0% | 5.7% | 12.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.8% | 15.0% | 36.1% | 9 |
| 2000s | 11.7% | 3.3% | 27.5% | 10 |
| 2010s | 1.5% | 1.0% | 2.2% | 10 |
Countries ranked near Small states
More public sector data for Small states
- Arms imports 162.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 8.25 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 162.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per square kilometre 215.46 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 20.5% (2019)
- Taxes on income, profits and capital gains 24.1% (2022)
- Taxes on goods and services 33.4% (2022)
- Net investment in nonfinancial assets 3.0% (2019)
- Net lending (+) / net borrowing (-) -2.2% (2019)
- Interest payments 1.8% (2022)
Frequently asked questions
- What is taxes on international trade in Small states?
- Taxes on international trade in Small states was 1.2% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Small states?
- The highest recorded value was 36.1% in 1999.
- What is the lowest taxes on international trade recorded in Small states?
- The lowest recorded value was 1.0% in 2013.
- How does Small states rank for taxes on international trade?
- Small states ranks 34th out of 41 groups with data for 2019.
- Is taxes on international trade rising or falling in Small states?
- Over the last ten years it is down 64.0%. The long-run trend across the full record is volatile.
- Where does this Small states 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.