Taxes on international trade (% of revenue) in United Kingdom
United Kingdom: Taxes on international trade (% of revenue) was 0.6% in 2024. ◆ Volatile
Taxes on international trade in United Kingdom, 1972–2024
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 United Kingdom is 0.6%, measured in 2024.
The figure is down 6.5% on the previous year and up 14,838.7% over ten years.
Over the whole period, taxes on international trade in United Kingdom peaked at 1.7% in 1972 and was at its lowest, 0.0%, in 1993.
That places United Kingdom 121st out of 154 countries with data for 2024, 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 (% of revenue) in United Kingdom, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 1.7% | — |
| 1973 | 1.2% | -25.8% |
| 1974 | 1.1% | -6.7% |
| 1975 | 0.5% | -52.7% |
| 1976 | 0.5% | -10.1% |
| 1977 | 0.3% | -32.4% |
| 1978 | 0.3% | -21.0% |
| 1979 | 0.1% | -74.3% |
| 1980 | 0.1% | -8.6% |
| 1981 | 0.1% | +103.7% |
| 1982 | 0.2% | +48.8% |
| 1983 | 0.1% | -60.0% |
| 1984 | 0.0% | -78.9% |
| 1985 | 0.0% | -38.1% |
| 1986 | 0.1% | +769.0% |
| 1987 | 0.0% | -61.2% |
| 1988 | 0.0% | -87.2% |
| 1990 | 0.0% | +324.0% |
| 1991 | 0.0% | -97.4% |
| 1993 | 0.0% | -0.2% |
| 2019 | 0.0% | +717.8% |
| 2020 | 0.0% | +865.7% |
| 2021 | 0.6% | +1634.9% |
| 2022 | 0.7% | +6.2% |
| 2023 | 0.6% | -10.3% |
| 2024 | 0.6% | -6.5% |
United Kingdom compared with similar countries
- United Kingdom's 0.6% is above the median for high income countries, which is 0.4%, 1.3× the median. (55 countries reporting)
- United Kingdom's 0.6% is above the median for Europe & Central Asia, which is 0.4%, 1.4× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Taxes on international trade (% of revenue) in United Kingdom 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 |
|---|---|---|---|
| 2021 | +1634.9% | 0.0% | 0.6% |
| 2020 | +865.7% | 0.0% | 0.0% |
| 1986 | +769.0% | 0.0% | 0.1% |
| 2019 | +717.8% | 0.0% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | 0.1% | 1.7% | 8 |
| 1980s | 0.1% | 0.0% | 0.2% | 9 |
| 1990s | 0.0% | 0.0% | 0.0% | 3 |
| 2010s | 0.0% | 0.0% | 0.0% | 1 |
| 2020s | 0.5% | 0.0% | 0.7% | 5 |
Countries ranked near United Kingdom
More public sector data for United Kingdom
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 609.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 9.28 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 36.23 % change on previous year (2024)
Frequently asked questions
- What is taxes on international trade in United Kingdom?
- Taxes on international trade in United Kingdom was 0.6% 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 United Kingdom?
- The highest recorded value was 1.7% in 1972.
- What is the lowest taxes on international trade recorded in United Kingdom?
- The lowest recorded value was 0.0% in 1993.
- How does United Kingdom rank for taxes on international trade?
- United Kingdom ranks 121st out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in United Kingdom?
- Over the last ten years it is up 14,838.7%. The long-run trend across the full record is volatile.
- Where does this United Kingdom 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.