Taxes on international trade in United States of America
United States of America: Taxes on international trade was 1.6% in 2024. ▼ Falling
Taxes on international trade in United States of America, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on international trade in United States of America stood at 1.6%.
Compared with earlier readings it is down 4.4% on the previous year and up 42.6% over ten years.
Over the whole period, taxes on international trade in United States of America peaked at 2.1% in 2019 and was at its lowest, 1.0%, in 2001.
United States of America ranks 105th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Taxes on international trade in United States of America, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 1.6% | — |
| 1973 | 1.4% | -14.8% |
| 1974 | 1.3% | -7.2% |
| 1975 | 1.5% | +15.6% |
| 1976 | 2.0% | +34.2% |
| 1977 | 1.5% | -26.4% |
| 1978 | 1.7% | +13.0% |
| 1979 | 1.6% | -4.0% |
| 1980 | 1.4% | -13.1% |
| 1981 | 1.3% | -7.5% |
| 1982 | 1.4% | +5.7% |
| 1983 | 1.3% | -1.7% |
| 1984 | 1.6% | +20.7% |
| 1985 | 1.6% | -3.3% |
| 1986 | 1.7% | +6.2% |
| 1987 | 1.7% | +1.7% |
| 1988 | 1.7% | +2.0% |
| 1989 | 1.6% | -7.7% |
| 1990 | 1.6% | -0.9% |
| 1991 | 1.4% | -10.4% |
| 1992 | 1.5% | +9.3% |
| 1993 | 1.6% | +1.0% |
| 1994 | 1.5% | -0.3% |
| 1995 | 1.4% | -10.9% |
| 1996 | 1.2% | -9.8% |
| 1997 | 1.1% | -11.3% |
| 1998 | 1.1% | -1.1% |
| 1999 | 1.0% | -4.8% |
| 2000 | 1.0% | -2.2% |
| 2001 | 1.0% | -1.8% |
| 2002 | 1.0% | +5.0% |
| 2003 | 1.1% | +6.4% |
| 2004 | 1.1% | +1.4% |
| 2005 | 1.1% | -4.2% |
| 2006 | 1.0% | -4.3% |
| 2007 | 1.1% | +2.8% |
| 2008 | 1.1% | +4.8% |
| 2009 | 1.0% | -9.0% |
| 2010 | 1.2% | +13.9% |
| 2011 | 1.2% | +6.1% |
| 2012 | 1.2% | +0.1% |
| 2013 | 1.1% | -8.9% |
| 2014 | 1.1% | +0.4% |
| 2015 | 1.1% | -2.5% |
| 2016 | 1.1% | -1.9% |
| 2017 | 1.0% | -5.0% |
| 2018 | 1.5% | +44.4% |
| 2019 | 2.1% | +41.4% |
| 2020 | 1.8% | -13.0% |
| 2021 | 2.0% | +10.1% |
| 2022 | 2.0% | -1.1% |
| 2023 | 1.7% | -15.1% |
| 2024 | 1.6% | -4.4% |
United States of America compared with similar countries
- United States of America's 1.6% is above the median for high income countries, which is 0.4%, 3.6× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.6% | 1.3% | 2.0% | 8 |
| 1980s | 1.5% | 1.3% | 1.7% | 10 |
| 1990s | 1.3% | 1.0% | 1.6% | 10 |
| 2000s | 1.1% | 1.0% | 1.1% | 10 |
| 2010s | 1.3% | 1.0% | 2.1% | 10 |
| 2020s | 1.8% | 1.6% | 2.0% | 5 |
Countries ranked near United States of America
More public sector data for United States of America
- Arms imports 1.21 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.56 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 52.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.21 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,933 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.034 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 8.87 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 997.31 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 86.58 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on international trade in United States of America?
- Taxes on international trade in United States of America was 1.6% 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 States of America?
- The highest recorded value was 2.1% in 2019.
- What is the lowest taxes on international trade recorded in United States of America?
- The lowest recorded value was 1.0% in 2001.
- How does United States of America rank for taxes on international trade?
- United States of America ranks 105th out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in United States of America?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is falling.
- Where does this United States of America 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.