Laos vs Mongolia: Customs and other import duties (current LCU)
Customs and other import duties (current LCU) over time
- Laos
- Mongolia
How they compare
Laos currently reports 2.18 trillion current LCU against 1.79 trillion current LCU in Mongolia, a difference of 387.82 billion current LCU.
That makes Laos's figure about 1.2 times Mongolia's.
Across all 15 years both countries report, Laos has been ahead every year.
Laos ranks 13th and Mongolia ranks 14th of 152 countries.
Laos has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Laos | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 700.20 billion current LCU | 126.64 billion current LCU | 573.55 billion current LCU | Laos |
| 2010s | 1.15 trillion current LCU | 422.90 billion current LCU | 724.72 billion current LCU | Laos |
| 2020s | 1.48 trillion current LCU | 979.20 billion current LCU | 498.14 billion current LCU | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher customs and other import duties, Laos or Mongolia?
- Laos, at 2.18 trillion current LCU against 1.79 trillion current LCU in Mongolia as of 2022.
- What is the difference in customs and other import duties between Laos and Mongolia?
- 387.82 billion current LCU, with Laos ahead.
- How many years of comparable data are there for Laos and Mongolia?
- 15 years are reported by both, from 2008 to 2022.
- How do Laos and Mongolia rank globally for customs and other import duties?
- Laos ranks 13th and Mongolia ranks 14th 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.