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Cyprus Taxes on international trade (% of revenue)
What is Cyprus' taxes on international trade (% of revenue)? As of 2019, it's 0.2% of revenue, up from 0% of revenue in 2014.
Author: Wantstats Research TeamSource: World Bank and Wantstats Repository
| Label | Taxes on international trade (% of revenue) |
|---|---|
| 2014 | 0.0014% of revenue |
| 2015 | 0.0538% of revenue |
| 2016 | -0.0178% of revenue |
| 2017 | 0.0607% of revenue |
| 2018 | 0.0526% of revenue |
| 2019 | 0.1607% of revenue |
Data Source: World Bank and Wantstats Repository
Cyprus Taxes on international trade (% of revenue): Key Points
- Cyprus' taxes on international trade didn't stay still: 0.0014 -0.02–0.16 % in 2014 became 0.1607 -0.02–0.16 % by 2019, up for a 11379% rise overall.
- 2015: leaps to 0.0538 -0.02–0.16 % (+3743%).
- 2016: falls away sharply to -0.0178 -0.02–0.16 % (-133%).
- 2017: shoots up to 0.0607 -0.02–0.16 % (+441%).
- 2019: surges to 0.1607 -0.02–0.16 % (+206%).
- Full span, 2014 to 2019: net gain of 11378.6%, ending at 0.1607 -0.02–0.16 %.
Why There's No Clean Trend Here
Treat this less like a trend and more like a set of individual events. Something different seems to be driving each up or down move rather than one consistent force.
On its own, this line shows movement, not meaning. Whether Cyprus's taxes on international trade trend here is a success or a warning sign depends on context this single chart doesn't carry — comparable countries, policy changes, or a longer time horizon.
This series reflects Cyprus's official reporting via the linked source. Statistics of this kind are typically benchmarked against periodic censuses or surveys, with intervening years estimated.
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