Marshall Islands - Customs and other import duties

Customs and other import duties (current LCU)

The value for Customs and other import duties (current LCU) in Marshall Islands was 9,361,000 as of 2019. As the graph below shows, over the past 11 years this indicator reached a maximum value of 9,361,000 in 2019 and a minimum value of 6,871,215 in 2012.

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
2008 8,672,349
2009 7,138,075
2010 7,721,629
2011 7,711,841
2012 6,871,215
2013 7,455,467
2014 6,889,210
2015 7,741,883
2016 8,158,230
2017 8,465,757
2018 8,391,000
2019 9,361,000

Customs and other import duties (% of tax revenue)

Customs and other import duties (% of tax revenue) in Marshall Islands was 22.45 as of 2019. Its highest value over the past 11 years was 30.60 in 2008, while its lowest value was 21.29 in 2018.

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
2008 30.60
2009 25.65
2010 27.05
2011 26.27
2012 23.21
2013 24.26
2014 23.36
2015 24.28
2016 23.29
2017 22.48
2018 21.29
2019 22.45

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance