Customs and other import duties (current LCU) in Australia
Australia: Customs and other import duties (current LCU) was 16.95 billion current LCU in 2022. ◆ Volatile
Latest (2022)
16.95 billion current LCU
Change on year
down 6.5%
World rank
63rd
of 152 countries
All-time high
19.51 billion current LCU
in 2020
All-time low
469.00 million current LCU
in 1972
Years of data
51
1972–2022
Customs and other import duties in Australia, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, customs and other import duties in Australia stood at 16.95 billion current LCU.
That represents a change of down 6.5% on the previous year and up 138.5% over ten years.
Over the whole period, customs and other import duties in Australia peaked at 19.51 billion current LCU in 2020 and was at its lowest, 469.00 million current LCU, in 1972.
That places Australia 63rd out of 152 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Customs and other import duties (current LCU) in Australia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 469.00 million current LCU | — |
| 1973 | 514.00 million current LCU | +9.6% |
| 1974 | 604.00 million current LCU | +17.5% |
| 1975 | 841.00 million current LCU | +39.2% |
| 1976 | 932.00 million current LCU | +10.8% |
| 1977 | 1.15 billion current LCU | +23.6% |
| 1978 | 1.13 billion current LCU | -1.7% |
| 1979 | 1.36 billion current LCU | +20.4% |
| 1980 | 1.54 billion current LCU | +12.8% |
| 1981 | 1.80 billion current LCU | +17.0% |
| 1982 | 2.06 billion current LCU | +14.5% |
| 1983 | 2.04 billion current LCU | -1.2% |
| 1984 | 2.33 billion current LCU | +14.4% |
| 1985 | 2.93 billion current LCU | +25.7% |
| 1986 | 3.28 billion current LCU | +12.1% |
| 1987 | 3.24 billion current LCU | -1.4% |
| 1988 | 3.63 billion current LCU | +12.2% |
| 1989 | 3.75 billion current LCU | +3.3% |
| 1990 | 3.96 billion current LCU | +5.4% |
| 1991 | 3.32 billion current LCU | -16.1% |
| 1992 | 3.30 billion current LCU | -0.6% |
| 1993 | 3.33 billion current LCU | +1.0% |
| 1994 | 3.23 billion current LCU | -3.2% |
| 1995 | 3.47 billion current LCU | +7.7% |
| 1996 | 3.12 billion current LCU | -10.1% |
| 1997 | 3.29 billion current LCU | +5.3% |
| 1998 | 3.64 billion current LCU | +10.6% |
| 1999 | 3.61 billion current LCU | -0.7% |
| 2000 | 3.80 billion current LCU | +5.2% |
| 2001 | 4.61 billion current LCU | +21.2% |
| 2002 | 5.21 billion current LCU | +13.2% |
| 2003 | 5.57 billion current LCU | +6.9% |
| 2004 | 5.62 billion current LCU | +0.9% |
| 2005 | 5.55 billion current LCU | -1.3% |
| 2006 | 4.99 billion current LCU | -10.1% |
| 2007 | 5.64 billion current LCU | +13.2% |
| 2008 | 6.07 billion current LCU | +7.5% |
| 2009 | 6.28 billion current LCU | +3.4% |
| 2010 | 5.75 billion current LCU | -8.4% |
| 2011 | 5.83 billion current LCU | +1.4% |
| 2012 | 7.11 billion current LCU | +21.9% |
| 2013 | 8.17 billion current LCU | +15.0% |
| 2014 | 9.28 billion current LCU | +13.6% |
| 2015 | 10.88 billion current LCU | +17.3% |
| 2016 | 14.05 billion current LCU | +29.1% |
| 2017 | 14.20 billion current LCU | +1.1% |
| 2018 | 15.69 billion current LCU | +10.5% |
| 2019 | 15.94 billion current LCU | +1.6% |
| 2020 | 19.51 billion current LCU | +22.3% |
| 2021 | 18.12 billion current LCU | -7.1% |
| 2022 | 16.95 billion current LCU | -6.5% |
Australia compared with similar countries
- Australia's 16.95 billion current LCU is above the median for high income countries, which is 83.80 million current LCU, 202.2× the median. (54 countries reporting)
- Australia's 16.95 billion current LCU is above the median for East Asia & Pacific, which is 3.07 billion current LCU, 5.5× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 875.88 million current LCU | 469.00 million current LCU | 1.36 billion current LCU | 8 |
| 1980s | 2.66 billion current LCU | 1.54 billion current LCU | 3.75 billion current LCU | 10 |
| 1990s | 3.43 billion current LCU | 3.12 billion current LCU | 3.96 billion current LCU | 10 |
| 2000s | 5.33 billion current LCU | 3.80 billion current LCU | 6.28 billion current LCU | 10 |
| 2010s | 10.69 billion current LCU | 5.75 billion current LCU | 15.94 billion current LCU | 10 |
| 2020s | 18.19 billion current LCU | 16.95 billion current LCU | 19.51 billion current LCU | 3 |
Countries ranked near Australia
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Frequently asked questions
- What is customs and other import duties in Australia?
- Customs and other import duties in Australia was 16.95 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Australia?
- The highest recorded value was 19.51 billion current LCU in 2020.
- What is the lowest customs and other import duties recorded in Australia?
- The lowest recorded value was 469.00 million current LCU in 1972.
- How does Australia rank for customs and other import duties?
- Australia ranks 63rd out of 152 countries with data for 2022.
- Is customs and other import duties rising or falling in Australia?
- Over the last ten years it is up 138.5%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.