Customs and other import duties in India
India: Customs and other import duties was 1.35 trillion current LCU in 2022. ◆ Volatile
Customs and other import duties in India, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
India recorded 1.35 trillion current LCU for customs and other import duties in 2022.
That represents a change of down 27.9% over ten years.
Over the whole period, customs and other import duties in India peaked at 2.23 trillion current LCU in 2016 and was at its lowest, 12.42 billion current LCU, in 1974.
That places India 18th out of 152 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.65 billion current LCU | 12.42 billion current LCU | 27.96 billion current LCU | 6 |
| 1980s | 93.24 billion current LCU | 32.92 billion current LCU | 179.98 billion current LCU | 10 |
| 1990s | 319.93 billion current LCU | 206.08 billion current LCU | 481.07 billion current LCU | 10 |
| 2000s | 672.85 billion current LCU | 400.31 billion current LCU | 1.03 trillion current LCU | 10 |
| 2010s | 1.70 trillion current LCU | 1.12 trillion current LCU | 2.23 trillion current LCU | 9 |
| 2020s | 1.35 trillion current LCU | 1.35 trillion current LCU | 1.35 trillion current LCU | 1 |
Countries ranked near India
- 15 Madagascar 1.68 trillion current LCU compare
- 16 Russia 1.64 trillion current LCU compare
- 17 Democratic Republic of Congo 1.45 trillion current LCU compare
- 19 Iraq 952.68 billion current LCU compare
- 20 Philippines 916.67 billion current LCU compare
- 21 Cote d'Ivoire 756.49 billion current LCU compare
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Tax revenue 6.9% (2022)
- Taxes on income, profits and capital gains 34.8% (2022)
- Taxes on goods and services 32.6% (2022)
- Net investment in nonfinancial assets 0.9% (2022)
- Net lending (+) / net borrowing (-) -5.3% (2022)
- Interest payments 34.0% (2022)
- Grants and other revenue 26.0% (2022)
- Interest payments 23.2% (2022)
- Other taxes 1.0% (2022)
Frequently asked questions
- What is customs and other import duties in India?
- Customs and other import duties in India was 1.35 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in India?
- The highest recorded value was 2.23 trillion current LCU in 2016.
- What is the lowest customs and other import duties recorded in India?
- The lowest recorded value was 12.42 billion current LCU in 1974.
- How does India rank for customs and other import duties?
- India ranks 18th out of 152 countries with data for 2022.
- Is customs and other import duties rising or falling in India?
- Over the last ten years it is down 27.9%. The long-run trend across the full record is volatile.
- Where does this India 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.