Argentina's taxes on international trade (current LCU) was 14.79 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is up 13,338% from 110.04 billion in 2014 (63.24% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 14.79 trillion | 2024 |
| Five years earlier | 532.42 billion | 2019 |
| Ten years earlier | 110.04 billion | 2014 |
| Highest | 14.79 trillion | 2024 |
| Lowest | 1.02 billion | 1990 |
| Average since 2015 | 2.4 trillion | 2015–2024 |
| First recorded | 1.02 billion |
What the numbers say
In 2024, Argentina's taxes on international trade (current LCU) rose 284.1% on 2023 (from 3.85 trillion to 14.79 trillion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +37.2% and a typical year strayed about 62.7% from that (the standard deviation). This year's change was 3.9 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 284.1% in 2024 and the biggest yearly fall was 32.3% in 1995. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 1.05 trillion a year. A straight line explains 49% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Argentina had the 3rd highest value of the 68 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Argentina in the 2024 ranking
- Lebanon — 1st of 68: 28.92 trillion
- Colombia — 3rd of 68: 7.1 trillion
- Korea, Rep. — 4th of 68: 7.02 trillion
- Tanzania — 5th of 68: 5.14 trillion
What this measures
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.
Limitations: 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).
All 35 values
| Year | Taxes on international trade (current LCU) |
|---|---|
| 2024 | 14,786,869,472,589 |
| 2023 | 3,849,773,624,779 |
| 2022 | 2,331,718,746,963 |
| 2021 | 1,325,172,862,536 |
| 2020 | 636,939,673,726 |
| 2019 | 532,417,533,377 |
| 2018 | 194,639,401,687 |
| 2017 | 132,378,200,000 |
| 2016 | 125,038,900,000 |
| 2015 | 106,145,800,000 |
Taxes on international trade (current LCU) in nearby economies
- Bahamas, The — 725.21 million (2024)
- Barbados — 246.23 million (2016)
- Belize — 157.81 million (2017)
- Brazil — 77.5 billion (2024)
- Chile — 671.1 billion (2024)
- Colombia — 7.1 trillion (2024)
- Costa Rica — 564.66 billion (2024)
- Dominican Republic — 70.74 billion (2024)
- Ecuador — 2.3 billion (2022)
- El Salvador — 507.6 million (2024)
More public sector data for Argentina
- Military expenditure (current LCU) — 4.82 trillion (2025)
- Military expenditure (% of GDP) — 0.56% (2025)
- Arms imports (SIPRI trend indicator values) — 108 million (2025)
- Military expenditure (current USD) — 3.88 billion (2025)
- Grants and other revenue (current LCU) — 8.18 trillion (2024)
- Grants and other revenue (% of revenue) — 8.29% (2024)
- Social contributions (current LCU) — 29.54 trillion (2024)
- Social contributions (% of revenue) — 29.96% (2024)
- Revenue, excluding grants (current LCU) — 98.45 trillion (2024)
- Revenue, excluding grants (% of GDP)
Reading data like this
Questions people ask
- What is Argentina's taxes on international trade (current LCU)?
- 14.79 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 1.45 million% from 1.02 billion in 1990 (32.56% a year on average, compounded). The highest value was 14.79 trillion in 2024 and the lowest 1.02 billion in 1990.
- How does Argentina rank?
- 3rd highest of 68 economies with data for 2024.
- Is the latest change in taxes on international trade (current LCU) unusual for Argentina?
- In 2024, Argentina's taxes on international trade (current LCU) rose 284.1% on 2023 (from 3.85 trillion to 14.79 trillion). Across the 30 yearly changes before that (1994 to 2023), the average change was +37.2% and a typical year strayed about 62.7% from that (the standard deviation). This year's change was 3.9 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator GC.TAX.INTT.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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