Colombia - Customs and other import duties

Customs and other import duties (current LCU)

The value for Customs and other import duties (current LCU) in Colombia was 3,832,990,000,000 as of 2019. As the graph below shows, over the past 21 years this indicator reached a maximum value of 5,515,910,000,000 in 2008 and a minimum value of 1,372,620,000,000 in 1999.

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
1998 1,646,640,000,000
1999 1,372,620,000,000
2000 1,744,100,000,000
2003 1,967,450,000,000
2008 5,515,910,000,000
2009 4,580,470,000,000
2010 5,482,650,000,000
2011 5,169,360,000,000
2012 4,428,640,000,000
2013 4,285,590,000,000
2014 3,921,520,000,000
2015 4,639,640,000,000
2016 4,045,110,000,000
2017 3,792,650,000,000
2018 3,595,840,000,000
2019 3,832,990,000,000

Customs and other import duties (% of tax revenue)

Customs and other import duties (% of tax revenue) in Colombia was 2.40 as of 2019. Its highest value over the past 21 years was 8.88 in 2008, while its lowest value was 2.40 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
1998 8.53
1999 6.72
2000 7.45
2003 6.42
2008 8.88
2009 7.20
2010 8.30
2011 5.73
2012 5.02
2013 4.28
2014 3.27
2015 3.65
2016 3.26
2017 2.77
2018 2.46
2019 2.40

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance