Panama - Customs and other import duties

Customs and other import duties (current LCU)

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
2014 381,381,600
2015 390,672,400
2016 354,888,500
2017 358,141,700
2018 337,626,600

Customs and other import duties (% of tax revenue)

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
2014 7.45
2015 7.15
2016 5.91
2017 5.76
2018 5.23

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance