Laos vs Mongolia: Customs and other import duties

Laos
2.18 trillion current LCU
in 2022
Mongolia
1.79 trillion current LCU
in 2024
Laos rank
13th
Mongolia rank
14th

Customs and other import duties over time

  • Laos
  • Mongolia
0500.0B1.0T1.5T2.0T199220082024

How they compare

Laos currently reports 2.18 trillion current LCU against 1.79 trillion current LCU in Mongolia, a difference of 387.82 billion current LCU.

That makes Laos's figure about 1.2 times Mongolia's.

Across all 15 years both countries report, Laos has been ahead every year.

Globally, Laos ranks 13th and Mongolia ranks 14th of 152 countries.

Individual pages

About this data

Indicator
Customs and other import duties (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 3,879 data points, 1972–2024
Last refreshed

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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.