Taxes on international trade in Senegal
Senegal: Taxes on international trade was 470.36 billion current LCU in 2023. ▲ Rising
Taxes on international trade in Senegal, 2015–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, taxes on international trade in Senegal stood at 470.36 billion current LCU.
Compared with earlier readings it is down 6.2% on the previous year and up 101.1% over ten years.
Over the whole period, taxes on international trade in Senegal peaked at 501.20 billion current LCU in 2022 and was at its lowest, 233.94 billion current LCU, in 2015.
Senegal ranks 27th of 155 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 289.07 billion current LCU | 233.94 billion current LCU | 365.54 billion current LCU | 5 |
| 2020s | 425.52 billion current LCU | 337.91 billion current LCU | 501.20 billion current LCU | 4 |
Countries ranked near Senegal
More public sector data for Senegal
- Arms imports 77.00 million SIPRI trend indicator values (2024)
- Tax revenue 19.5% (2023)
- Taxes on income, profits and capital gains 24.7% (2023)
- Taxes on goods and services 40.5% (2023)
- Net investment in nonfinancial assets 6.6% (2023)
- Net lending (+) / net borrowing (-) -4.9% (2023)
- Interest payments 12.3% (2023)
- Grants and other revenue 19.0% (2023)
- Interest payments 13.2% (2023)
- Other taxes 2.2% (2023)
Frequently asked questions
- What is taxes on international trade in Senegal?
- Taxes on international trade in Senegal was 470.36 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Senegal?
- The highest recorded value was 501.20 billion current LCU in 2022.
- What is the lowest taxes on international trade recorded in Senegal?
- The lowest recorded value was 233.94 billion current LCU in 2015.
- How does Senegal rank for taxes on international trade?
- Senegal ranks 27th out of 155 countries with data for 2023.
- Is taxes on international trade rising or falling in Senegal?
- Over the last ten years it is up 101.1%. The long-run trend across the full record is rising.
- Where does this Senegal 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.