Customs and other import duties (current LCU) in New Zealand
New Zealand: Customs and other import duties (current LCU) was 4.12 billion current LCU in 2024. ◆ Volatile
Customs and other import duties in New Zealand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, customs and other import duties in New Zealand stood at 4.12 billion current LCU. That is the highest value across all 41 years on record.
The figure is up 10.9% on the previous year and up 90.8% over ten years.
Over the whole period, customs and other import duties in New Zealand peaked at 4.12 billion current LCU in 2024 and was at its lowest, 88.00 million current LCU, in 1972.
That places New Zealand 80th out of 152 countries with data for 2024, 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 New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 88.00 million current LCU | — |
| 1973 | 120.00 million current LCU | +36.4% |
| 1974 | 142.00 million current LCU | +18.3% |
| 1975 | 125.00 million current LCU | -12.0% |
| 1976 | 147.00 million current LCU | +17.6% |
| 1977 | 150.00 million current LCU | +2.0% |
| 1978 | 166.00 million current LCU | +10.7% |
| 1979 | 212.00 million current LCU | +27.7% |
| 1980 | 231.00 million current LCU | +9.0% |
| 1981 | 338.00 million current LCU | +46.3% |
| 1982 | 356.00 million current LCU | +5.3% |
| 1983 | 444.00 million current LCU | +24.7% |
| 1984 | 624.00 million current LCU | +40.5% |
| 1985 | 556.00 million current LCU | -10.9% |
| 1986 | 736.00 million current LCU | +32.4% |
| 1987 | 912.00 million current LCU | +23.9% |
| 1988 | 536.00 million current LCU | -41.2% |
| 2001 | 647.80 million current LCU | +20.9% |
| 2002 | 665.74 million current LCU | +2.8% |
| 2003 | 749.80 million current LCU | +12.6% |
| 2004 | 720.30 million current LCU | -3.9% |
| 2005 | 946.72 million current LCU | +31.4% |
| 2006 | 1.08 billion current LCU | +14.4% |
| 2007 | 1.84 billion current LCU | +69.5% |
| 2008 | 1.87 billion current LCU | +1.8% |
| 2009 | 1.88 billion current LCU | +0.6% |
| 2010 | 1.87 billion current LCU | -0.4% |
| 2011 | 1.92 billion current LCU | +2.3% |
| 2012 | 2.04 billion current LCU | +6.3% |
| 2013 | 2.06 billion current LCU | +0.9% |
| 2014 | 2.16 billion current LCU | +5.1% |
| 2015 | 2.39 billion current LCU | +10.7% |
| 2016 | 2.44 billion current LCU | +2.1% |
| 2017 | 2.55 billion current LCU | +4.4% |
| 2018 | 2.74 billion current LCU | +7.4% |
| 2019 | 2.81 billion current LCU | +2.8% |
| 2020 | 3.00 billion current LCU | +6.7% |
| 2021 | 3.29 billion current LCU | +9.7% |
| 2022 | 3.49 billion current LCU | +6.1% |
| 2023 | 3.72 billion current LCU | +6.4% |
| 2024 | 4.12 billion current LCU | +10.9% |
New Zealand compared with similar countries
- New Zealand's 4.12 billion current LCU is above the median for high income countries, which is 83.80 million current LCU, 49.2× the median. (54 countries reporting)
- New Zealand's 4.12 billion current LCU is above the median for East Asia & Pacific, which is 3.07 billion current LCU, 1.3× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Customs and other import duties (current LCU) in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +69.5% | 1.08 billion current LCU | 1.84 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 143.75 million current LCU | 88.00 million current LCU | 212.00 million current LCU | 8 |
| 1980s | 525.89 million current LCU | 231.00 million current LCU | 912.00 million current LCU | 9 |
| 2000s | 1.16 billion current LCU | 647.80 million current LCU | 1.88 billion current LCU | 9 |
| 2010s | 2.30 billion current LCU | 1.87 billion current LCU | 2.81 billion current LCU | 10 |
| 2020s | 3.52 billion current LCU | 3.00 billion current LCU | 4.12 billion current LCU | 5 |
Countries ranked near New Zealand
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Frequently asked questions
- What is customs and other import duties in New Zealand?
- Customs and other import duties in New Zealand was 4.12 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in New Zealand?
- The highest recorded value was 4.12 billion current LCU in 2024.
- What is the lowest customs and other import duties recorded in New Zealand?
- The lowest recorded value was 88.00 million current LCU in 1972.
- How does New Zealand rank for customs and other import duties?
- New Zealand ranks 80th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in New Zealand?
- Over the last ten years it is up 90.8%. The long-run trend across the full record is volatile.
- Where does this New Zealand 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 — 41 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.