Italy - Customs and other import duties (current LCU)

The value for Customs and other import duties (current LCU) in Italy was 0.00 as of 2019. As the graph below shows, over the past 46 years this indicator reached a maximum value of 200,901,700.00 in 1976 and a minimum value of 0.00 in 1995.

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
1973 46,997,580.00
1974 27,372,220.00
1975 72,303,970.00
1976 200,901,700.00
1977 45,448,210.00
1978 38,734,270.00
1979 38,734,270.00
1980 33,053,240.00
1981 22,724,100.00
1982 34,086,160.00
1983 36,151,980.00
1984 37,701,350.00
1985 41,316,550.00
1986 50,612,780.00
1987 48,030,490.00
1988 78,501,450.00
1989 28,405,130.00
1990 25,306,390.00
1991 30,470,960.00
1992 44,931,750.00
1993 39,250,720.00
1994 23,757,020.00
1995 0.00
1996 0.00
1997 0.00
1998 0.00
1999 0.00
2000 0.00
2001 0.00
2002 0.00
2003 0.00
2004 0.00
2005 0.00
2006 0.00
2007 0.00
2008 0.00
2009 0.00
2010 0.00
2011 0.00
2012 0.00
2013 0.00
2014 0.00
2015 0.00
2016 0.00
2017 0.00
2018 0.00
2019 0.00

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