Taxes on international trade in South Asia
South Asia: Taxes on international trade was 14.7% in 2023. ▼ Falling
Taxes on international trade in South Asia, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
South Asia recorded 14.7% for taxes on international trade in 2023.
That represents a change of up 29.8% on the previous year and down 13.3% over ten years.
Over the whole period, taxes on international trade in South Asia peaked at 26.0% in 1990 and was at its lowest, 11.3%, in 2022.
South Asia ranks 1st of 41 groups on this measure, in the top 10%.
The long-run direction has been consistently falling across the 34 years of available data.
Taxes on international trade in South Asia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 26.0% | — |
| 1991 | 24.2% | -7.0% |
| 1992 | 23.0% | -4.9% |
| 1993 | 21.8% | -5.3% |
| 1994 | 21.7% | -0.3% |
| 1995 | 24.2% | +11.3% |
| 1996 | 23.3% | -3.6% |
| 1997 | 21.6% | -7.2% |
| 1998 | 20.8% | -4.0% |
| 1999 | 20.7% | -0.3% |
| 2000 | 18.9% | -8.6% |
| 2001 | 19.7% | +4.0% |
| 2002 | 19.2% | -2.3% |
| 2003 | 18.2% | -5.1% |
| 2004 | 18.5% | +1.6% |
| 2005 | 16.7% | -9.8% |
| 2006 | 16.7% | -0.2% |
| 2007 | 15.5% | -7.2% |
| 2008 | 15.9% | +2.4% |
| 2009 | 17.5% | +10.4% |
| 2010 | 16.0% | -8.9% |
| 2011 | 15.7% | -1.5% |
| 2012 | 17.8% | +12.9% |
| 2013 | 16.9% | -4.8% |
| 2014 | 16.8% | -0.9% |
| 2015 | 16.7% | -0.5% |
| 2016 | 18.6% | +11.5% |
| 2017 | 12.9% | -30.4% |
| 2018 | 12.9% | -0.5% |
| 2019 | 16.0% | +24.5% |
| 2020 | 15.8% | -1.4% |
| 2021 | 19.9% | +25.6% |
| 2022 | 11.3% | -43.1% |
| 2023 | 14.7% | +29.8% |
Biggest year-on-year movements
Years where Taxes on international trade in South Asia 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 |
|---|---|---|---|
| 2022 | -43.1% | 19.9% | 11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.7% | 20.7% | 26.0% | 10 |
| 2000s | 17.7% | 15.5% | 19.7% | 10 |
| 2010s | 16.0% | 12.9% | 18.6% | 10 |
| 2020s | 15.4% | 11.3% | 19.9% | 4 |
Countries ranked near South Asia
More public sector data for South Asia
- Arms imports 1.26 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.7506 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 -19.55 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.26 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 54.8 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0211 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.84 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.92 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 467.61 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on international trade in South Asia?
- Taxes on international trade in South Asia was 14.7% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in South Asia?
- The highest recorded value was 26.0% in 1990.
- What is the lowest taxes on international trade recorded in South Asia?
- The lowest recorded value was 11.3% in 2022.
- How does South Asia rank for taxes on international trade?
- South Asia ranks 1st out of 41 groups with data for 2023.
- Is taxes on international trade rising or falling in South Asia?
- Over the last ten years it is down 13.3%. The long-run trend across the full record is falling.
- Where does this South Asia 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.