Liberia: Taxes on international trade
* indicates monthly or quarterly data series
| Liberia |
Taxes on international trade, percent of total revenue |
|---|---|
| Latest value | 30.01 |
| Year | 2013 |
| Measure | percent |
| Data availability | 2005 - 2013 |
| Average | 36.07 |
| Min - Max | 29.64 - 47.10 |
| Source | The World Bank |
The latest value from 2013 is 30.01 percent, a decline from 33.1 percent in 2012. In comparison, the world average is 8.76 percent, based on data from 114 countries. Historically, the average for Liberia from 2005 to 2013 is 36.07 percent. The minimum value, 29.64 percent, was reached in 2011 while the maximum of 47.1 percent was recorded in 2007.
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Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Fiscal balance, percent of GDP | -3.00 | 2023 | percent |
| Government debt | 58.81 | 2023 | percent |
| Tax revenue | 12.46 | 2013 | percent |
| Commercial tax rate | 46.20 | 2019 | percent |
| Tax preparation time | 140 | 2019 | hours |
| Number of taxes | 33 | 2019 | taxes |
| Taxes on goods and services | 12.36 | 2013 | percent |
| Taxes on international trade | 30.01 | 2013 | percent |
| Income and profits taxes | 31.22 | 2013 | percent |
| Foreign aid | 484.75 | 2022 | million U.S. dollars |