Australia | Taxes on international trade (% of revenue)
Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes. 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.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source
Australia | Taxes on international trade (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
5.17222406 1972
5.31420906 1973
5.02734024 1974
5.61419125 1975
5.56913593 1976
6.03811162 1977
5.09230579 1978
5.79984837 1979
5.39267016 1980
5.37201555 1981
5.24391992 1982
4.68041507 1983
4.84604237 1984
5.14933582 1985
5.13515957 1986
4.49831146 1987
4.54048074 1988
4.24926689 1989
4.11222137 1990
3.39586608 1991
3.57220898 1992
3.50742605 1993
3.22397044 1994
3.11378399 1995
2.501359 1996
2.44837605 1997
2.56484272 1998
2.31456286 1999
2.2131859 2000
2.40377841 2001
2.65023864 2002
2.60980595 2003
2.45088225 2004
2.2212989 2005
1.85435129 2006
1.96628921 2007
1.93576729 2008
2.03227599 2009
1.89193449 2010
1.80835019 2011
2.01991247 2012
2.17214105 2013
2.3805436 2014
2.73373894 2015
3.40500881 2016
3.23921345 2017
3.27135345 2018
3.10009994 2019
3.82927184 2020
3.32071475 2021
2.72474963 2022
Australia | Taxes on international trade (% of revenue)
Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes. 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.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source