St. Vincent and the Grenadines—Taxes on International Trade (% of revenue)
St. Vincent and the Grenadines's taxes on international trade (% of revenue) was 17.6% in 2017. This represents a +8.8% change from 2016. Over the past 18 years, the highest recorded value was 41.2% (2003) and the lowest was 15.2% (2009). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2017 | 17.6% | +8.8% |
| 2016 | 16.2% | -27.0% |
| 2015 | 22.2% | +13.7% |
| 2014 | 19.5% | +16.4% |
| 2013 | 16.8% | +3.3% |
| 2012 | 16.2% | -0.2% |
| 2011 | 16.3% | -0.9% |
| 2010 | 16.4% | +7.9% |
| 2009 | 15.2% | -9.1% |
| 2008 | 16.7% | -30.1% |
| 2007 | 24.0% | -41.1% |
| 2006 | 40.7% | -0.2% |
| 2005 | 40.8% | +1.6% |
| 2004 | 40.2% | -2.5% |
| 2003 | 41.2% | +1.6% |
| 2002 | 40.6% | +5.3% |
| 2001 | 38.5% | +1.6% |
| 2000 | 37.9% |
Top Countries — Taxes on International Trade (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Eswatini | 35.5% | 2021 |
| 2 | Namibia | 32.7% | 2024 |
| 3 | Botswana | 32.6% | 2023 |
| 4 | Côte d'Ivoire | 25.5% | 2023 |
| 5 | Bahamas | 23.6% | 2024 |
| 6 | Philippines | 20.8% | 2024 |
| 7 | Gabon | 19.8% | 2021 |
| 8 | Somalia | 18.5% | 2024 |
| 9 | Ethiopia | 18.5% | 2024 |
| 10 | Maldives | 17.7% | 2021 |
About This Indicator
Definition
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.
Methodology
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Unit
% of revenue