Saint Vincent and the Grenadines: Taxes on international trade
* indicates monthly or quarterly data series
| Saint Vincent and the Grenadines |
Taxes on international trade, percent of total revenue |
|---|---|
| Latest value | 17.63 |
| Year | 2017 |
| Measure | percent |
| Data availability | 1990 - 2017 |
| Average | 30.68 |
| Min - Max | 15.23 - 41.86 |
| Source | The World Bank |
The latest value from 2017 is 17.63 percent, an increase from 16.21 percent in 2016. In comparison, the world average is 8.13 percent, based on data from 117 countries. Historically, the average for Saint Vincent and the Grenadines from 1990 to 2017 is 30.68 percent. The minimum value, 15.23 percent, was reached in 2009 while the maximum of 41.86 percent was recorded in 1995.
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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 | -12.90 | 2024 | percent |
| Primary budget balance | -10.09 | 2024 | percent |
| Tax revenue | 23.80 | 2017 | percent |
| Commercial tax rate | 37.00 | 2019 | percent |
| Tax preparation time | 108 | 2019 | hours |
| Taxes on goods and services | 43.46 | 2017 | percent |
| Taxes on international trade | 17.63 | 2017 | percent |
| Income and profits taxes | 24.69 | 2017 | percent |
| Foreign aid | 21.28 | 2023 | million U.S. dollars |
| Government debt | 92.68 | 2024 | percent |