Iceland vs Nicaragua: Customs and other import duties
Customs and other import duties over time
- Iceland
- Nicaragua
How they compare
Iceland currently reports 6.16 billion current LCU against 5.59 billion current LCU in Nicaragua, a difference of 565.86 million current LCU.
That makes Iceland's figure about 1.1 times Nicaragua's.
Across all 34 years both countries report, Iceland has been ahead every year.
Iceland ranks 73rd and Nicaragua ranks 74th of 152 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.75 billion current LCU | 441.55 million current LCU | 4.31 billion current LCU | Iceland |
| 2000s | 3.87 billion current LCU | 846.07 million current LCU | 3.03 billion current LCU | Iceland |
| 2010s | 5.43 billion current LCU | 2.01 billion current LCU | 3.43 billion current LCU | Iceland |
| 2020s | 4.71 billion current LCU | 3.57 billion current LCU | 1.14 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher customs and other import duties, Iceland or Nicaragua?
- Iceland, at 6.16 billion current LCU against 5.59 billion current LCU in Nicaragua as of 2023.
- What is the difference in customs and other import duties between Iceland and Nicaragua?
- 565.86 million current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and Nicaragua?
- 34 years are reported by both, from 1990 to 2023.
- How do Iceland and Nicaragua rank globally for customs and other import duties?
- Iceland ranks 73rd and Nicaragua ranks 74th 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.
Individual pages
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.