Myanmar - Customs and other import duties (current LCU)

The value for Customs and other import duties (current LCU) in Myanmar was 463,813,000,000 as of 2019. As the graph below shows, over the past 46 years this indicator reached a maximum value of 495,598,000,000 in 2014 and a minimum value of 194,000,000 in 1973.

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 194,000,000
1974 303,000,000
1975 473,000,000
1976 437,000,000
1977 590,000,000
1978 695,000,000
1979 894,000,000
1980 918,000,000
1981 1,218,000,000
1982 1,426,000,000
1983 1,225,000,000
1984 1,153,000,000
1985 1,210,000,000
1986 1,018,000,000
1987 1,026,000,000
1988 1,027,000,000
1989 1,447,000,000
1990 2,193,000,000
1991 2,864,000,000
1992 2,919,000,000
1993 4,138,000,000
1994 4,225,000,000
1995 4,683,000,000
1996 8,028,000,000
1997 8,572,000,000
1998 5,390,000,000
1999 5,375,000,000
2000 5,486,000,000
2001 6,301,000,000
2002 5,295,000,000
2003 4,602,000,000
2004 21,613,000,000
2005 18,448,000,000
2012 367,923,000,000
2013 363,234,000,000
2014 495,598,000,000
2015 467,242,000,000
2016 480,187,000,000
2017 490,000,000,000
2018 265,697,000,000
2019 463,813,000,000

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