St. Kitts and Nevis: Customs and other import duties (% of tax revenue)

Key figures

What the numbers say

On record, the biggest yearly rise was 35.62 percentage points in 2008 and the biggest yearly fall was 20.09 percentage points in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2011 to 2020 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 8 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2020, St. Kitts and Nevis had the 4th highest value of the 10 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 St. Kitts and Nevis in the 2020 ranking

• Palau — 1st of 10: 32.32%
• Micronesia, Fed. Sts. — 2nd of 10: 23.63%
• Marshall Islands — 4th of 10: 22.34%
• Cabo Verde — 5th of 10: 20.34%
• Mali — 6th of 10: 12.3%

What this measures

Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government 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 24 values

Customs and other import duties (% of tax revenue) in nearby economies

• Argentina — 5.98% (2024)
• Bahamas, The — 9.45% (2024)
• Barbados — 9.23% (2016)
• Brazil — 4.27% (2024)
• Chile — 1.18% (2024)
• Colombia — 2.32% (2024)
• Costa Rica — 2.8% (2024)
• Dominican Republic — 5.52% (2024)
• Ecuador — 8.33% (2022)
• El Salvador

More public sector data for St. Kitts and Nevis

• Intentional homicides (per 100,000 people) — 64.16 (2023)
• Net investment in nonfinancial assets (current LCU) — 122.7 million (2020)
• Net investment in nonfinancial assets (% of GDP) — 5.14% (2020)
• Net lending (+) / net borrowing (-) (current LCU) — -53.7 million (2020)
• Net lending (+) / net borrowing (-) (% of GDP) — -2.25% (2020)
• Grants and other revenue (current LCU) — 348.4 million (2020)
• Grants and other revenue (% of revenue) — 49.25% (2020)
• Revenue, excluding grants (current LCU) — 679.2 million (2020)
• Revenue, excluding grants (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is St. Kitts and Nevis's customs and other import duties (% of tax revenue)?

23.57% in 2020, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is down 35.06 percentage points from 58.62% in 1990. The highest value was 58.62% in 1990 and the lowest 9.37% in 2002.

How does St. Kitts and Nevis rank?

4th highest of 10 economies with data for 2020.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator GC.TAX.IMPT.ZS, 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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