Taxes on international trade in Switzerland
Switzerland: Taxes on international trade was 738.16 million current LCU in 2024. ◆ Volatile
Taxes on international trade in Switzerland, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Switzerland recorded 738.16 million current LCU for taxes on international trade in 2024. That is the lowest value across all 53 years on record.
The figure is down 37.6% on the previous year and down 30.9% over ten years.
Over the whole period, taxes on international trade in Switzerland peaked at 4.10 billion current LCU in 1989 and was at its lowest, 738.16 million current LCU, in 2024.
That places Switzerland 103rd out of 155 countries with data for 2024, putting it 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 | 2.92 billion current LCU | 2.80 billion current LCU | 3.00 billion current LCU | 8 |
| 1980s | 3.55 billion current LCU | 3.17 billion current LCU | 4.10 billion current LCU | 10 |
| 1990s | 1.18 billion current LCU | 1.03 billion current LCU | 1.36 billion current LCU | 10 |
| 2000s | 1.05 billion current LCU | 974.06 million current LCU | 1.10 billion current LCU | 10 |
| 2010s | 1.08 billion current LCU | 1.04 billion current LCU | 1.14 billion current LCU | 10 |
| 2020s | 1.12 billion current LCU | 738.16 million current LCU | 1.28 billion current LCU | 5 |
Countries ranked near Switzerland
More public sector data for Switzerland
- Arms imports 33.00 million SIPRI trend indicator values (2023)
- Tax revenue 9.5% (2024)
- Taxes on income, profits and capital gains 25.1% (2024)
- Taxes on goods and services 29.5% (2024)
- Net investment in nonfinancial assets 1.0% (2024)
- Net lending (+) / net borrowing (-) 0.5% (2024)
- Interest payments 0.9% (2024)
- Grants and other revenue 7.2% (2024)
- Interest payments 1.0% (2023)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is taxes on international trade in Switzerland?
- Taxes on international trade in Switzerland was 738.16 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Switzerland?
- The highest recorded value was 4.10 billion current LCU in 1989.
- What is the lowest taxes on international trade recorded in Switzerland?
- The lowest recorded value was 738.16 million current LCU in 2024.
- How does Switzerland rank for taxes on international trade?
- Switzerland ranks 103rd out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Switzerland?
- Over the last ten years it is down 30.9%. The long-run trend across the full record is volatile.
- Where does this Switzerland 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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CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.