Ukraine: Taxes on international trade (current LCU)

Key figures

What the numbers say

In 2024, Ukraine's taxes on international trade (current LCU) rose 19.1% on 2023 (from 40.73 billion to 48.5 billion).

Across the 24 yearly changes before that (2000 to 2023), the average change was +23.1% and a typical year strayed about 49.6% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 218.2% in 2015 and the biggest yearly fall was 48.4% in 2016. 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 there is no clear straight-line trend: a straight line explains 27% of the movement over 10 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 2024, Ukraine had the 28th 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 Ukraine in the 2024 ranking

• Brazil — 25th of 68: 77.5 billion
• Armenia — 26th of 68: 76.17 billion
• Dominican Republic — 27th of 68: 70.74 billion
• Kyrgyz Republic — 29th of 68: 41.99 billion
• Uruguay — 30th of 68: 35.16 billion
• Namibia — 31st of 68: 29.08 billion

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 26 values

Taxes on international trade (current LCU) in nearby economies

• Albania — 9.01 billion (2024)
• Armenia — 76.17 billion (2024)
• Azerbaijan — 1.9 billion (2024)
• Belarus — 8.03 billion (2024)
• Bosnia and Herzegovina — 2,739 (2024)
• Bulgaria — 11.72 million (2024)
• Croatia — 61,000 (2020)
• Cyprus — 14.9 million (2019)
• Denmark — 482 million (2024)
• France — 40 million (2024)

More public sector data for Ukraine

• Arms exports (SIPRI trend indicator values) — 120 million (2025)
• Military expenditure (current USD) — 84.11 billion (2025)
• Military expenditure (current LCU) — 3.51 trillion (2025)
• Military expenditure (% of GDP) — 39.56% (2025)
• Military expenditure (% of general government expenditure) — 62.9% (2025)
• Armed forces personnel, total — 298,000 (2020)
• Armed forces personnel (% of total labor force) — 1.43% (2020)
• Intentional homicides (per 100,000 people) — 3.78 (2021)
• Net acquisition of financial assets (current LCU) — 39.09 billion (2024)
• Net acquisition of financial assets (% of GDP)

Reading data like this

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Questions people ask

What is Ukraine's taxes on international trade (current LCU)?

48.5 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1999?

It is up 3,741% from 1.26 billion in 1999 (15.71% a year on average, compounded). The highest value was 48.5 billion in 2024 and the lowest 1.26 billion in 1999.

How does Ukraine rank?

28th highest of 68 economies with data for 2024.

Is the latest change in taxes on international trade (current LCU) unusual for Ukraine?

In 2024, Ukraine's taxes on international trade (current LCU) rose 19.1% on 2023 (from 40.73 billion to 48.5 billion). Across the 24 yearly changes before that (2000 to 2023), the average change was +23.1% and a typical year strayed about 49.6% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

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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