Micronesia: Taxes on international trade

* indicates monthly or quarterly data series

Taxes on international trade, percent of total revenue

 Latest value 4.50
 Year 2020
 Measure percent
 Data availability 2008 - 2020
 Average 4.16
 Min - Max 2.96 - 6.62
 Source The World Bank
For that indicator, we provide data for Micronesia from 2008 to 2020. The average value for Micronesia during that period was 4.16 percent with a minimum of 2.96 percent in 2018 and a maximum of 6.62 percent in 2008. The latest value from 2020 is 4.5 percent. For comparison, the world average in 2020 based on 99 countries is 6.64 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Micronesia - Taxes on international trade - Recent values chart

Historical chart
Micronesia - Taxes on international trade - historical chart - 2008-2020

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

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 58.31 1983 percent
 Government spending, in dollars 0.06 1983 billion U.S. dollars
 Fiscal balance, percent of GDP 4.46 2021 percent
 Government debt 17.03 2021 percent
 Tax revenue 6.43 2020 percent
 Commercial tax rate 60.50 2019 percent
 Tax preparation time 128 2019 hours
 Number of taxes 21 2019 taxes
 Taxes on goods and services 3.40 2020 percent
 Taxes on international trade 4.50 2020 percent
 Income and profits taxes 10.94 2020 percent
 Foreign aid 130.76 2021 million U.S. dollars
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