St. Vincent and the Grenadines - Taxes on international trade (current LCU)

The value for Taxes on international trade (current LCU) in St. Vincent and the Grenadines was 107,790,000 as of 2017. As the graph below shows, over the past 27 years this indicator reached a maximum value of 162,110,000 in 2006 and a minimum value of 61,200,000 in 1990.

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
1990 61,200,000
1991 68,700,000
1992 69,500,000
1993 75,800,000
1994 76,700,000
1995 85,100,000
1996 86,600,000
1997 98,300,000
1998 104,500,000
1999 107,700,000
2000 102,390,000
2001 111,850,000
2002 126,690,000
2003 132,930,000
2004 138,060,000
2005 142,760,000
2006 162,110,000
2007 111,130,000
2008 89,540,000
2009 82,755,490
2010 81,796,940
2011 81,196,210
2012 81,120,290
2013 81,998,370
2014 112,250,000
2015 121,480,000
2016 100,230,000
2017 107,790,000

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