Taxes on international trade in Australia
Australia: Taxes on international trade was 16.95 billion current LCU in 2022. ◆ Volatile
Taxes on international trade in Australia, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on international trade in Australia is 16.95 billion current LCU, measured in 2022.
Compared with earlier readings it is down 6.5% on the previous year and up 138.1% over ten years.
Over the whole period, taxes on international trade in Australia peaked at 19.51 billion current LCU in 2020 and was at its lowest, 470.00 million current LCU, in 1972.
Australia ranks 67th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 953.62 million current LCU | 470.00 million current LCU | 1.53 billion current LCU | 8 |
| 1980s | 2.78 billion current LCU | 1.65 billion current LCU | 3.87 billion current LCU | 10 |
| 1990s | 3.49 billion current LCU | 3.13 billion current LCU | 4.07 billion current LCU | 10 |
| 2000s | 5.34 billion current LCU | 3.80 billion current LCU | 6.29 billion current LCU | 10 |
| 2010s | 10.70 billion current LCU | 5.76 billion current LCU | 15.94 billion current LCU | 10 |
| 2020s | 18.19 billion current LCU | 16.95 billion current LCU | 19.51 billion current LCU | 3 |
Countries ranked near Australia
More public sector data for Australia
- Arms imports 983.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.6% (2022)
- Taxes on income, profits and capital gains 67.9% (2022)
- Taxes on goods and services 17.8% (2022)
- Net investment in nonfinancial assets 0.8% (2022)
- Net lending (+) / net borrowing (-) -1.3% (2022)
- Interest payments 3.1% (2022)
- Grants and other revenue 11.5% (2022)
- Interest payments 3.0% (2022)
- Other taxes 0.2% (2022)
Frequently asked questions
- What is taxes on international trade in Australia?
- Taxes on international trade in Australia was 16.95 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Australia?
- The highest recorded value was 19.51 billion current LCU in 2020.
- What is the lowest taxes on international trade recorded in Australia?
- The lowest recorded value was 470.00 million current LCU in 1972.
- How does Australia rank for taxes on international trade?
- Australia ranks 67th out of 155 countries with data for 2022.
- Is taxes on international trade rising or falling in Australia?
- Over the last ten years it is up 138.1%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
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About this data
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.