Customs and other import duties in Nicaragua
Nicaragua: Customs and other import duties was 5.59 billion current LCU in 2024. ◆ Volatile
Customs and other import duties in Nicaragua, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, customs and other import duties in Nicaragua stood at 5.59 billion current LCU. That is the highest value across all 35 years on record.
That represents a change of up 17.6% on the previous year and up 182.7% over ten years.
Over the whole period, customs and other import duties in Nicaragua peaked at 5.59 billion current LCU in 2024 and was at its lowest, 9.75 million current LCU, in 1990.
That places Nicaragua 74th out of 152 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1990s | 441.55 million current LCU | 9.75 million current LCU | 863.76 million current LCU | 10 |
| 2000s | 846.07 million current LCU | 628.22 million current LCU | 1.18 billion current LCU | 10 |
| 2010s | 2.01 billion current LCU | 1.19 billion current LCU | 2.70 billion current LCU | 10 |
| 2020s | 3.97 billion current LCU | 2.28 billion current LCU | 5.59 billion current LCU | 5 |
Countries ranked near Nicaragua
More public sector data for Nicaragua
- Arms imports 13.00 million SIPRI trend indicator values (2019)
- Tax revenue 20.1% (2024)
- Taxes on income, profits and capital gains 41.3% (2024)
- Taxes on goods and services 47.5% (2024)
- Net investment in nonfinancial assets 3.2% (2024)
- Net lending (+) / net borrowing (-) 2.3% (2024)
- Interest payments 7.0% (2024)
- Grants and other revenue 7.1% (2024)
- Interest payments 9.2% (2023)
- Other taxes 0.5% (2024)
Frequently asked questions
- What is customs and other import duties in Nicaragua?
- Customs and other import duties in Nicaragua was 5.59 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Nicaragua?
- The highest recorded value was 5.59 billion current LCU in 2024.
- What is the lowest customs and other import duties recorded in Nicaragua?
- The lowest recorded value was 9.75 million current LCU in 1990.
- How does Nicaragua rank for customs and other import duties?
- Nicaragua ranks 74th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Nicaragua?
- Over the last ten years it is up 182.7%. The long-run trend across the full record is volatile.
- Where does this Nicaragua 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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CSV · JSON — 35 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.