Solomon Islands: Taxes on international trade

* indicates monthly or quarterly data series
 Solomon Islands

Taxes on international trade, percent of total revenue

 Latest value 13.49
 Year 2024
 Measure percent
 Data availability 2011 - 2024
 Average 24.51
 Min - Max 12.74 - 32.39
 Source The World Bank
 Available for Data download
The latest value from 2024 is 13.49 percent, an increase from 12.74 percent in 2023. In comparison, the world average is 5.90 percent, based on data from 67 countries. Historically, the average for the Solomon Islands from 2011 to 2024 is 24.51 percent. The minimum value, 12.74 percent, was reached in 2023 while the maximum of 32.39 percent was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Solomon Islands: Taxes on international trade
 2024 13.49
 2023 12.74
 2022 27.55
 2020 22.77
 2019 27.43
 2018 32.39
 2017 19.72
 2016 28.06




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.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 26.19 2024 percent
 Government spending, in dollars 0.41 2024 billion U.S. dollars
 Fiscal balance, percent of GDP -3.08 2024 percent
 Primary budget balance -2.62 2024 percent
 Tax revenue 23.27 2024 percent
 Taxes on goods and services 26.41 2024 percent
 Taxes on international trade 13.49 2024 percent
 Income and profits taxes 22.70 2024 percent
 Foreign aid 243.66 2023 million U.S. dollars
 Government debt 22.09 2024 percent
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