Customs and other import duties in United Kingdom
United Kingdom: Customs and other import duties was 4.82 billion current LCU in 2024. ◆ Volatile
Customs and other import duties in United Kingdom, 1972–2024
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 United Kingdom is 4.82 billion current LCU, measured in 2024.
That represents a change of down 4.5% on the previous year and up 6.2% over five years.
Over the whole period, customs and other import duties in United Kingdom peaked at 5.49 billion current LCU in 2022 and was at its lowest, 19.00 million current LCU, in 1984.
That places United Kingdom 78th 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 | 302.50 million current LCU | 253.00 million current LCU | 352.00 million current LCU | 2 |
| 1980s | 85.83 million current LCU | 19.00 million current LCU | 199.00 million current LCU | 6 |
| 2020s | 4.97 billion current LCU | 4.53 billion current LCU | 5.49 billion current LCU | 4 |
Countries ranked near United Kingdom
More public sector data for United Kingdom
- Arms imports 643.00 million SIPRI trend indicator values (2024)
- Tax revenue 26.9% (2024)
- Taxes on income, profits and capital gains 40.6% (2024)
- Taxes on goods and services 31.1% (2024)
- Net investment in nonfinancial assets 2.4% (2024)
- Net lending (+) / net borrowing (-) -6.9% (2024)
- Interest payments 8.3% (2024)
- Grants and other revenue 5.6% (2024)
- Interest payments 7.8% (2023)
- Other taxes 4.9% (2024)
Frequently asked questions
- What is customs and other import duties in United Kingdom?
- Customs and other import duties in United Kingdom was 4.82 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 United Kingdom?
- The highest recorded value was 5.49 billion current LCU in 2022.
- What is the lowest customs and other import duties recorded in United Kingdom?
- The lowest recorded value was 19.00 million current LCU in 1984.
- How does United Kingdom rank for customs and other import duties?
- United Kingdom ranks 78th out of 152 countries with data for 2024.
- Where does this United Kingdom 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.