Colombia vs South Korea: Customs and other import duties (current LCU)
Customs and other import duties (current LCU) over time
- Colombia
- South Korea
How they compare
South Korea currently reports 7.02 trillion current LCU against 6.06 trillion current LCU in Colombia, a difference of 963.41 billion current LCU.
That makes South Korea's figure about 1.2 times Colombia's.
Across all 21 years both countries report, South Korea has been ahead every year.
Colombia ranks 6th and South Korea ranks 5th of 152 countries.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Colombia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.51 trillion current LCU | 4.26 trillion current LCU | 2.75 trillion current LCU | South Korea |
| 2000s | 3.45 trillion current LCU | 7.65 trillion current LCU | 4.20 trillion current LCU | South Korea |
| 2010s | 4.32 trillion current LCU | 9.21 trillion current LCU | 4.90 trillion current LCU | South Korea |
| 2020s | 5.10 trillion current LCU | 7.99 trillion current LCU | 2.89 trillion current LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher customs and other import duties, Colombia or South Korea?
- South Korea, at 7.02 trillion current LCU against 6.06 trillion current LCU in Colombia as of 2024.
- What is the difference in customs and other import duties between Colombia and South Korea?
- 963.41 billion current LCU, with South Korea ahead.
- How many years of comparable data are there for Colombia and South Korea?
- 21 years are reported by both, from 1998 to 2024.
- How do Colombia and South Korea rank globally for customs and other import duties?
- Colombia ranks 6th and South Korea ranks 5th of 152 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Customs and other import duties (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.