Bhutan - Customs and other import duties (current LCU)

The value for Customs and other import duties (current LCU) in Bhutan was 745,733,600 as of 2018. As the graph below shows, over the past 36 years this indicator reached a maximum value of 745,733,600 in 2018 and a minimum value of 200,000 in 1982.

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
1982 200,000
1983 700,000
1984 1,100,000
1985 1,900,000
1986 2,800,000
1988 2,800,000
1989 5,900,000
1990 3,100,000
1991 6,500,000
1992 10,500,000
1993 11,500,000
1994 22,600,000
1995 29,900,000
1996 19,100,000
1997 21,900,000
1998 29,772,000
1999 44,200,000
2000 57,900,000
2001 78,300,000
2002 94,520,000
2003 115,159,000
2004 153,320,000
2005 230,774,000
2006 157,178,000
2007 144,690,000
2008 129,479,000
2009 177,960,000
2010 179,754,200
2011 283,394,400
2012 382,386,500
2013 286,730,100
2014 308,465,000
2015 443,156,400
2016 590,519,000
2017 562,563,000
2018 745,733,600

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance