Barbados - Customs and other import duties

Customs and other import duties (current LCU)

The value for Customs and other import duties (current LCU) in Barbados was 245,189,400 as of 2016. As the graph below shows, over the past 13 years this indicator reached a maximum value of 245,189,400 in 2016 and a minimum value of 160,319,000 in 2003.

Definition: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2003 160,319,000
2004 194,100,000
2005 180,462,000
2006 179,271,400
2007 216,925,500
2008 219,454,400
2009 177,980,600
2010 190,796,100
2011 195,614,000
2012 201,185,200
2013 193,587,000
2014 223,668,700
2015 231,645,600
2016 245,189,400

Customs and other import duties (% of tax revenue)

Customs and other import duties (% of tax revenue) in Barbados was 9.23 as of 2016. Its highest value over the past 13 years was 10.93 in 2004, while its lowest value was 8.06 in 2009.

Definition: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2003 9.89
2004 10.93
2005 8.84
2006 8.41
2007 8.94
2008 9.02
2009 8.06
2010 8.52
2011 8.09
2012 8.92
2013 8.97
2014 10.13
2015 9.67
2016 9.23

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance