St. Vincent and the Grenadines - Taxes on international trade (% of revenue)

Taxes on international trade (% of revenue) in St. Vincent and the Grenadines was 17.63 as of 2017. Its highest value over the past 27 years was 41.86 in 1995, while its lowest value was 15.23 in 2009.

Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1990 36.13
1991 34.01
1992 36.56
1993 40.84
1994 39.62
1995 41.86
1996 39.26
1997 39.13
1998 36.45
1999 37.95
2000 37.89
2001 38.51
2002 40.55
2003 41.19
2004 40.18
2005 40.83
2006 40.73
2007 23.97
2008 16.75
2009 15.23
2010 16.43
2011 16.28
2012 16.25
2013 16.78
2014 19.53
2015 22.22
2016 16.21
2017 17.63

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance