Customs and other import duties in Myanmar
Myanmar: Customs and other import duties was 463.81 billion current LCU in 2019. ◆ Volatile
Customs and other import duties in Myanmar, 1973–2019
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 Myanmar is 463.81 billion current LCU, measured in 2019.
Compared with earlier readings it is up 74.6% on the previous year and up 26.1% over ten years.
Over the whole period, customs and other import duties in Myanmar peaked at 495.60 billion current LCU in 2014 and was at its lowest, 194.00 million current LCU, in 1973.
That places Myanmar 25th out of 152 countries with data for 2019, 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 | 512.29 million current LCU | 194.00 million current LCU | 894.00 million current LCU | 7 |
| 1980s | 1.17 billion current LCU | 918.00 million current LCU | 1.45 billion current LCU | 10 |
| 1990s | 4.84 billion current LCU | 2.19 billion current LCU | 8.57 billion current LCU | 10 |
| 2000s | 10.29 billion current LCU | 4.60 billion current LCU | 21.61 billion current LCU | 6 |
| 2010s | 424.21 billion current LCU | 265.70 billion current LCU | 495.60 billion current LCU | 8 |
Countries ranked near Myanmar
More public sector data for Myanmar
- Arms imports 222.00 million SIPRI trend indicator values (2024)
- Tax revenue 6.0% (2019)
- Taxes on income, profits and capital gains 13.2% (2019)
- Taxes on goods and services 24.4% (2019)
- Net investment in nonfinancial assets 4.6% (2019)
- Net lending (+) / net borrowing (-) -3.6% (2019)
- Interest payments 9.6% (2019)
- Grants and other revenue 58.4% (2019)
- Interest payments 10.2% (2019)
- Other taxes 0.4% (2019)
Frequently asked questions
- What is customs and other import duties in Myanmar?
- Customs and other import duties in Myanmar was 463.81 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Myanmar?
- The highest recorded value was 495.60 billion current LCU in 2014.
- What is the lowest customs and other import duties recorded in Myanmar?
- The lowest recorded value was 194.00 million current LCU in 1973.
- How does Myanmar rank for customs and other import duties?
- Myanmar ranks 25th out of 152 countries with data for 2019.
- Is customs and other import duties rising or falling in Myanmar?
- Over the last ten years it is up 26.1%. The long-run trend across the full record is volatile.
- Where does this Myanmar 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.