Customs and other import duties in Switzerland
Switzerland: Customs and other import duties was 738.16 million current LCU in 2024. ◆ Volatile
Customs and other import duties in Switzerland, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Switzerland recorded 738.16 million current LCU for customs and other import duties in 2024. That is the lowest value across all 53 years on record.
Compared with earlier readings it is down 37.6% on the previous year and down 30.9% over ten years.
Over the whole period, customs and other import duties in Switzerland peaked at 4.10 billion current LCU in 1989 and was at its lowest, 738.16 million current LCU, in 2024.
That places Switzerland 98th 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 |
|---|---|---|---|---|
| 1970s | 2.92 billion current LCU | 2.80 billion current LCU | 3.00 billion current LCU | 8 |
| 1980s | 3.55 billion current LCU | 3.17 billion current LCU | 4.10 billion current LCU | 10 |
| 1990s | 1.18 billion current LCU | 1.03 billion current LCU | 1.36 billion current LCU | 10 |
| 2000s | 1.05 billion current LCU | 974.06 million current LCU | 1.10 billion current LCU | 10 |
| 2010s | 1.08 billion current LCU | 1.04 billion current LCU | 1.14 billion current LCU | 10 |
| 2020s | 1.12 billion current LCU | 738.16 million current LCU | 1.28 billion current LCU | 5 |
Countries ranked near Switzerland
More public sector data for Switzerland
- Arms imports 33.00 million SIPRI trend indicator values (2023)
- Tax revenue 9.5% (2024)
- Taxes on income, profits and capital gains 25.1% (2024)
- Taxes on goods and services 29.5% (2024)
- Net investment in nonfinancial assets 1.0% (2024)
- Net lending (+) / net borrowing (-) 0.5% (2024)
- Interest payments 0.9% (2024)
- Grants and other revenue 7.2% (2024)
- Interest payments 1.0% (2023)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is customs and other import duties in Switzerland?
- Customs and other import duties in Switzerland was 738.16 million 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 Switzerland?
- The highest recorded value was 4.10 billion current LCU in 1989.
- What is the lowest customs and other import duties recorded in Switzerland?
- The lowest recorded value was 738.16 million current LCU in 2024.
- How does Switzerland rank for customs and other import duties?
- Switzerland ranks 98th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Switzerland?
- Over the last ten years it is down 30.9%. The long-run trend across the full record is volatile.
- Where does this Switzerland 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 — 53 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.