Micronesia - Taxes on international trade
Taxes on international trade (current LCU)
The value for Taxes on international trade (current LCU) in Micronesia was 6,085,488 as of 2019. As the graph below shows, over the past 11 years this indicator reached a maximum value of 6,102,204 in 2018 and a minimum value of 3,796,450 in 2014.
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 |
|---|---|
| 2008 | 4,094,536 |
| 2009 | 4,601,954 |
| 2010 | 4,951,206 |
| 2011 | 4,676,417 |
| 2012 | 4,383,741 |
| 2013 | 4,041,220 |
| 2014 | 3,796,450 |
| 2015 | 4,302,059 |
| 2016 | 5,055,350 |
| 2017 | 5,867,510 |
| 2018 | 6,102,204 |
| 2019 | 6,085,488 |
Taxes on international trade (% of revenue)
Taxes on international trade (% of revenue) in Micronesia was 3.25 as of 2019. Its highest value over the past 11 years was 6.62 in 2008, while its lowest value was 2.96 in 2018.
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.
See also:
| Year | Value |
|---|---|
| 2008 | 6.62 |
| 2009 | 5.16 |
| 2010 | 4.75 |
| 2011 | 4.56 |
| 2012 | 3.69 |
| 2013 | 4.03 |
| 2014 | 3.33 |
| 2015 | 3.90 |
| 2016 | 3.94 |
| 2017 | 3.43 |
| 2018 | 2.96 |
| 2019 | 3.25 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
