Hungary - Customs and other import duties (current LCU)

The value for Customs and other import duties (current LCU) in Hungary was 0 as of 2019. As the graph below shows, over the past 38 years this indicator reached a maximum value of 249,431,000,000 in 1995 and a minimum value of -797,000,000 in 2005.

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
1981 23,400,000,000
1982 23,600,000,000
1983 28,600,000,000
1984 27,400,000,000
1985 27,600,000,000
1986 32,700,000,000
1987 34,600,000,000
1988 36,300,000,000
1989 48,900,000,000
1990 52,400,000,000
1991 62,800,000,000
1992 100,200,000,000
1993 128,200,000,000
1994 150,500,000,000
1995 249,431,000,000
1996 248,709,000,000
1997 161,300,000,000
1998 131,593,000,000
1999 141,082,000,000
2000 137,731,000,000
2001 125,013,000,000
2002 129,341,000,000
2003 132,638,000,000
2004 31,953,000,000
2005 -797,000,000
2006 -195,000,000
2007 -202,000,000
2008 -51,000,000
2009 -56,000,000
2010 -9,000,000
2011 0
2012 0
2013 0
2014 0
2015 0
2016 0
2017 0
2018 0
2019 0

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