Customs and other import duties (current LCU) in Luxembourg
Luxembourg: Customs and other import duties (current LCU) was 24,789 current LCU in 1994. ◆ Volatile
Customs and other import duties in Luxembourg, 1972–1994
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for customs and other import duties in Luxembourg is 24,789 current LCU, measured in 1994. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 98.8% over ten years.
Over the whole period, customs and other import duties in Luxembourg peaked at 2.13 million current LCU in 1984 and was at its lowest, 24,789 current LCU, in 1992.
Luxembourg ranks 150th of 152 countries on this measure, 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 Luxembourg, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 2.06 million current LCU | — |
| 1973 | 1.26 million current LCU | -38.6% |
| 1974 | 842,838 current LCU | -33.3% |
| 1981 | 1.78 million current LCU | +111.8% |
| 1982 | 1.93 million current LCU | +8.3% |
| 1983 | 1.93 million current LCU | +0.0% |
| 1984 | 2.13 million current LCU | +10.3% |
| 1985 | 1.49 million current LCU | -30.2% |
| 1987 | 1.49 million current LCU | +0.0% |
| 1992 | 24,789 current LCU | -98.3% |
| 1993 | 24,789 current LCU | +0.0% |
| 1994 | 24,789 current LCU | +0.0% |
Luxembourg compared with similar countries
- Luxembourg's 24,789 current LCU is below the median for high income countries, which is 83.80 million current LCU, 0% of the median. (54 countries reporting)
- Luxembourg's 24,789 current LCU is below the median for Europe & Central Asia, which is 138.90 million current LCU, 0% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.39 million current LCU | 842,838 current LCU | 2.06 million current LCU | 3 |
| 1980s | 1.79 million current LCU | 1.49 million current LCU | 2.13 million current LCU | 6 |
| 1990s | 24,789 current LCU | 24,789 current LCU | 24,789 current LCU | 3 |
Countries ranked near Luxembourg
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Frequently asked questions
- What is customs and other import duties in Luxembourg?
- Customs and other import duties in Luxembourg was 24,789 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 Luxembourg?
- The highest recorded value was 2.13 million current LCU in 1984.
- What is the lowest customs and other import duties recorded in Luxembourg?
- The lowest recorded value was 24,789 current LCU in 1992.
- How does Luxembourg rank for customs and other import duties?
- Luxembourg ranks 150th out of 152 countries with data for 1994.
- Is customs and other import duties rising or falling in Luxembourg?
- Over the last ten years it is down 98.8%. The long-run trend across the full record is volatile.
- Where does this Luxembourg 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.