The Bahamas - Customs and other import duties

Customs and other import duties (current LCU)

The value for Customs and other import duties (current LCU) in The Bahamas was 284,463,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 656,628,000 in 2006 and a minimum value of 263,468,600 in 2016.

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
1990 288,900,000
1991 263,800,000
1992 266,900,000
1993 266,200,000
1994 299,500,000
1995 305,600,000
1996 319,700,000
1997 345,586,000
1998 347,438,000
1999 398,360,000
2000 410,676,000
2001 411,300,000
2002 396,200,000
2003 421,800,000
2004 377,487,000
2005 464,319,000
2006 656,628,000
2007 507,415,000
2008 529,714,000
2009 582,040,000
2010 365,253,600
2011 372,249,700
2012 366,691,000
2013 350,890,200
2014 337,191,100
2015 307,871,200
2016 263,468,600
2017 286,050,900
2018 270,434,000
2019 284,463,000

Customs and other import duties (% of tax revenue)

Customs and other import duties (% of tax revenue) in The Bahamas was 12.94 as of 2019. Its highest value over the past 29 years was 65.82 in 1990, while its lowest value was 12.94 in 2019.

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
1990 65.82
1991 62.17
1992 55.63
1993 55.92
1994 54.97
1995 51.38
1996 51.96
1997 52.50
1998 50.99
1999 50.22
2000 47.62
2001 50.15
2002 49.57
2003 51.20
2004 44.21
2005 47.20
2006 57.42
2007 42.07
2008 41.52
2009 51.82
2010 33.62
2011 28.41
2012 28.41
2013 28.46
2014 26.82
2015 20.48
2016 15.69
2017 15.54
2018 14.73
2019 12.94

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance