Customs and other import duties (current LCU) in Italy
Italy: Customs and other import duties (current LCU) was 23.76 million current LCU in 1994. ◆ Volatile
Customs and other import duties in Italy, 1973–1994
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 1994, customs and other import duties in Italy stood at 23.76 million current LCU.
The figure is down 39.5% on the previous year and down 37.0% over ten years.
Over the whole period, customs and other import duties in Italy peaked at 200.90 million current LCU in 1976 and was at its lowest, 22.72 million current LCU, in 1981.
That places Italy 127th out of 152 countries with data for 1994, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Customs and other import duties (current LCU) in Italy, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 47.00 million current LCU | — |
| 1974 | 27.37 million current LCU | -41.8% |
| 1975 | 72.30 million current LCU | +164.2% |
| 1976 | 200.90 million current LCU | +177.9% |
| 1977 | 45.45 million current LCU | -77.4% |
| 1978 | 38.73 million current LCU | -14.8% |
| 1979 | 38.73 million current LCU | +0.0% |
| 1980 | 33.05 million current LCU | -14.7% |
| 1981 | 22.72 million current LCU | -31.2% |
| 1982 | 34.09 million current LCU | +50.0% |
| 1983 | 36.15 million current LCU | +6.1% |
| 1984 | 37.70 million current LCU | +4.3% |
| 1985 | 41.32 million current LCU | +9.6% |
| 1986 | 50.61 million current LCU | +22.5% |
| 1987 | 48.03 million current LCU | -5.1% |
| 1988 | 78.50 million current LCU | +63.4% |
| 1989 | 28.41 million current LCU | -63.8% |
| 1990 | 25.31 million current LCU | -10.9% |
| 1991 | 30.47 million current LCU | +20.4% |
| 1992 | 44.93 million current LCU | +47.5% |
| 1993 | 39.25 million current LCU | -12.6% |
| 1994 | 23.76 million current LCU | -39.5% |
Italy compared with similar countries
- Italy's 23.76 million current LCU is below the median for high income countries, which is 83.80 million current LCU, 28% of the median. (54 countries reporting)
- Italy's 23.76 million current LCU is below the median for Europe & Central Asia, which is 138.90 million current LCU, 17% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 67.21 million current LCU | 27.37 million current LCU | 200.90 million current LCU | 7 |
| 1980s | 41.06 million current LCU | 22.72 million current LCU | 78.50 million current LCU | 10 |
| 1990s | 32.74 million current LCU | 23.76 million current LCU | 44.93 million current LCU | 5 |
Countries ranked near Italy
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Frequently asked questions
- What is customs and other import duties in Italy?
- Customs and other import duties in Italy was 23.76 million current LCU in 1994, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Italy?
- The highest recorded value was 200.90 million current LCU in 1976.
- What is the lowest customs and other import duties recorded in Italy?
- The lowest recorded value was 22.72 million current LCU in 1981.
- How does Italy rank for customs and other import duties?
- Italy ranks 127th out of 152 countries with data for 1994.
- Is customs and other import duties rising or falling in Italy?
- Over the last ten years it is down 37.0%. The long-run trend across the full record is volatile.
- Where does this Italy 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.
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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.