Customs and other import duties (current LCU) in Singapore
Singapore: Customs and other import duties (current LCU) was 25.00 million current LCU in 2007. ▼ Falling
Customs and other import duties in Singapore, 1972–2007
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2007, customs and other import duties in Singapore stood at 25.00 million current LCU.
That represents a change of down 3.8% on the previous year and down 94.4% over ten years.
Over the whole period, customs and other import duties in Singapore peaked at 701.00 million current LCU in 2002 and was at its lowest, 17.00 million current LCU, in 2003.
That places Singapore 125th out of 152 countries with data for 2007, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Customs and other import duties (current LCU) in Singapore, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 196.00 million current LCU | — |
| 1973 | 238.00 million current LCU | +21.4% |
| 1974 | 223.00 million current LCU | -6.3% |
| 1975 | 238.00 million current LCU | +6.7% |
| 1976 | 273.00 million current LCU | +14.7% |
| 1977 | 313.00 million current LCU | +14.7% |
| 1978 | 340.00 million current LCU | +8.6% |
| 1979 | 394.00 million current LCU | +15.9% |
| 1980 | 437.00 million current LCU | +10.9% |
| 1981 | 429.00 million current LCU | -1.8% |
| 1982 | 488.00 million current LCU | +13.8% |
| 1983 | 516.00 million current LCU | +5.7% |
| 1984 | 522.00 million current LCU | +1.2% |
| 1985 | 391.00 million current LCU | -25.1% |
| 1986 | 318.00 million current LCU | -18.7% |
| 1987 | 353.00 million current LCU | +11.0% |
| 1988 | 380.00 million current LCU | +7.6% |
| 1989 | 385.00 million current LCU | +1.3% |
| 1990 | 357.00 million current LCU | -7.3% |
| 1991 | 433.00 million current LCU | +21.3% |
| 1992 | 437.00 million current LCU | +0.9% |
| 1993 | 449.00 million current LCU | +2.7% |
| 1994 | 395.00 million current LCU | -12.0% |
| 1995 | 389.00 million current LCU | -1.5% |
| 1996 | 453.00 million current LCU | +16.5% |
| 1997 | 448.00 million current LCU | -1.1% |
| 1998 | 450.00 million current LCU | +0.4% |
| 1999 | 510.00 million current LCU | +13.3% |
| 2000 | 607.00 million current LCU | +19.0% |
| 2001 | 609.00 million current LCU | +0.3% |
| 2002 | 701.00 million current LCU | +15.1% |
| 2003 | 17.00 million current LCU | -97.6% |
| 2004 | 24.00 million current LCU | +41.2% |
| 2005 | 24.00 million current LCU | +0.0% |
| 2006 | 26.00 million current LCU | +8.3% |
| 2007 | 25.00 million current LCU | -3.8% |
Singapore compared with similar countries
- Singapore's 25.00 million current LCU is below the median for high income countries, which is 83.80 million current LCU, 30% of the median. (54 countries reporting)
- Singapore's 25.00 million current LCU is below the median for East Asia & Pacific, which is 3.07 billion current LCU, 1% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Customs and other import duties (current LCU) in Singapore 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 |
|---|---|---|---|
| 2003 | -97.6% | 701.00 million current LCU | 17.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 276.88 million current LCU | 196.00 million current LCU | 394.00 million current LCU | 8 |
| 1980s | 421.90 million current LCU | 318.00 million current LCU | 522.00 million current LCU | 10 |
| 1990s | 432.10 million current LCU | 357.00 million current LCU | 510.00 million current LCU | 10 |
| 2000s | 254.12 million current LCU | 17.00 million current LCU | 701.00 million current LCU | 8 |
Countries ranked near Singapore
More public sector data for Singapore
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- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
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Frequently asked questions
- What is customs and other import duties in Singapore?
- Customs and other import duties in Singapore was 25.00 million current LCU in 2007, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Singapore?
- The highest recorded value was 701.00 million current LCU in 2002.
- What is the lowest customs and other import duties recorded in Singapore?
- The lowest recorded value was 17.00 million current LCU in 2003.
- How does Singapore rank for customs and other import duties?
- Singapore ranks 125th out of 152 countries with data for 2007.
- Is customs and other import duties rising or falling in Singapore?
- Over the last ten years it is down 94.4%. The long-run trend across the full record is falling.
- Where does this Singapore 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.