Seychelles - Taxes on international trade (% of revenue)

Taxes on international trade (% of revenue) in Seychelles was 3.74 as of 2018. Its highest value over the past 33 years was 50.61 in 1988, while its lowest value was 3.74 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
1985 31.43
1986 34.44
1987 41.01
1988 50.61
1989 44.19
1993 48.94
1994 46.05
1995 45.50
1996 40.60
1997 41.37
1998 42.29
1999 38.17
2000 40.98
2005 16.54
2006 11.47
2007 14.86
2008 12.39
2009 11.90
2010 17.98
2011 23.93
2012 20.90
2013 7.88
2014 6.42
2015 5.21
2016 5.10
2017 3.84
2018 3.74

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.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance