Solomon Islands - Customs and other import duties

Customs and other import duties (current LCU)

The value for Customs and other import duties (current LCU) in Solomon Islands was 609,600,600 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 716,844,400 in 2018 and a minimum value of 240,062,300 in 2017.

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
2011 422,911,900
2012 521,349,700
2013 558,084,900
2014 523,588,500
2015 533,769,700
2016 526,822,000
2017 240,062,300
2018 716,844,400
2019 612,956,800
2020 609,600,600

Customs and other import duties (% of tax revenue)

Customs and other import duties (% of tax revenue) in Solomon Islands was 22.95 as of 2020. Its highest value over the past 9 years was 22.95 in 2020, while its lowest value was 8.36 in 2017.

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
2011 20.68
2012 22.85
2013 22.34
2014 20.77
2015 20.03
2016 20.15
2017 8.36
2018 21.86
2019 20.83
2020 22.95

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance