Customs and other import duties in Bhutan
Bhutan: Customs and other import duties was 468.00 million current LCU in 2020. ◆ Volatile
Customs and other import duties in Bhutan, 1982–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Bhutan recorded 468.00 million current LCU for customs and other import duties in 2020.
That represents a change of down 28.3% on the previous year and up 160.4% over ten years.
Over the whole period, customs and other import duties in Bhutan peaked at 745.73 million current LCU in 2018 and was at its lowest, 200,000 current LCU, in 1982.
Bhutan ranks 101st of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.20 million current LCU | 200,000 current LCU | 5.90 million current LCU | 7 |
| 1990s | 19.91 million current LCU | 3.10 million current LCU | 44.20 million current LCU | 10 |
| 2000s | 133.93 million current LCU | 57.90 million current LCU | 230.77 million current LCU | 10 |
| 2010s | 443.55 million current LCU | 179.75 million current LCU | 745.73 million current LCU | 10 |
| 2020s | 468.00 million current LCU | 468.00 million current LCU | 468.00 million current LCU | 1 |
Countries ranked near Bhutan
- 98 Switzerland 738.16 million current LCU compare
- 99 Ireland 681.85 million current LCU compare
- 100 El Salvador 507.60 million current LCU compare
- 102 Papua New Guinea 462.02 million current LCU compare
- 103 Seychelles 392.99 million current LCU compare
- 104 Fiji 380.09 million current LCU compare
More public sector data for Bhutan
- Arms imports 4.00 million SIPRI trend indicator values (2021)
- Tax revenue 12.3% (2020)
- Taxes on income, profits and capital gains 19.9% (2020)
- Taxes on goods and services 17.9% (2020)
- Net investment in nonfinancial assets 8.6% (2020)
- Net lending (+) / net borrowing (-) -2.5% (2020)
- Interest payments 1.5% (2020)
- Grants and other revenue 58.7% (2020)
- Interest payments 1.9% (2020)
- Other taxes 0.0% (2020)
Frequently asked questions
- What is customs and other import duties in Bhutan?
- Customs and other import duties in Bhutan was 468.00 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Bhutan?
- The highest recorded value was 745.73 million current LCU in 2018.
- What is the lowest customs and other import duties recorded in Bhutan?
- The lowest recorded value was 200,000 current LCU in 1982.
- How does Bhutan rank for customs and other import duties?
- Bhutan ranks 101st out of 152 countries with data for 2020.
- Is customs and other import duties rising or falling in Bhutan?
- Over the last ten years it is up 160.4%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
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About this data
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.