St. Lucia - Taxes on international trade (current LCU)

The value for Taxes on international trade (current LCU) in St. Lucia was 326,820,000 as of 2017. As the graph below shows, over the past 17 years this indicator reached a maximum value of 389,430,100 in 2011 and a minimum value of 207,945,200 in 2001.

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.

Year Value
2000 234,917,300
2001 207,945,200
2002 221,952,000
2003 256,351,000
2004 280,976,700
2005 307,672,700
2006 345,160,600
2007 357,858,800
2008 365,093,000
2009 386,127,400
2010 377,435,600
2011 389,430,100
2012 326,997,400
2013 220,032,800
2014 245,408,700
2015 260,690,000
2016 278,110,000
2017 326,820,000

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance