Customs and other import duties in Laos
Laos: Customs and other import duties was 2.18 trillion current LCU in 2022. ▲ Rising
Customs and other import duties in Laos, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for customs and other import duties in Laos is 2.18 trillion current LCU, measured in 2022. That is the highest value across all 15 years on record.
That represents a change of up 84.5% on the previous year and up 108.2% over ten years.
Over the whole period, customs and other import duties in Laos peaked at 2.18 trillion current LCU in 2022 and was at its lowest, 674.18 billion current LCU, in 2008.
Laos ranks 13th of 152 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 700.20 billion current LCU | 674.18 billion current LCU | 726.22 billion current LCU | 2 |
| 2010s | 1.15 trillion current LCU | 832.04 billion current LCU | 1.73 trillion current LCU | 10 |
| 2020s | 1.48 trillion current LCU | 1.07 trillion current LCU | 2.18 trillion current LCU | 3 |
Countries ranked near Laos
More public sector data for Laos
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Tax revenue 12.1% (2022)
- Taxes on income, profits and capital gains 19.3% (2022)
- Taxes on goods and services 53.9% (2022)
- Net investment in nonfinancial assets 4.3% (2022)
- Net lending (+) / net borrowing (-) 0.2% (2022)
- Interest payments 11.8% (2022)
- Grants and other revenue 18.1% (2022)
- Interest payments 17.0% (2022)
- Other taxes 0.6% (2022)
Frequently asked questions
- What is customs and other import duties in Laos?
- Customs and other import duties in Laos was 2.18 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 Laos?
- The highest recorded value was 2.18 trillion current LCU in 2022.
- What is the lowest customs and other import duties recorded in Laos?
- The lowest recorded value was 674.18 billion current LCU in 2008.
- How does Laos rank for customs and other import duties?
- Laos ranks 13th out of 152 countries with data for 2022.
- Is customs and other import duties rising or falling in Laos?
- Over the last ten years it is up 108.2%. The long-run trend across the full record is rising.
- Where does this Laos 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.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.