Customs and other import duties in Bhutan
Bhutan: Customs and other import duties was 2.1% in 2020. ◆ Volatile
Customs and other import duties in Bhutan, 1982–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
In 2020, customs and other import duties in Bhutan stood at 2.1%.
That represents a change of down 10.5% on the previous year and up 10.9% over ten years.
Over the whole period, customs and other import duties in Bhutan peaked at 7.7% in 2005 and was at its lowest, 0.3%, in 1982.
Bhutan ranks 109th of 151 countries on this measure, 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 in Bhutan, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 1982 | 0.3% | — |
| 1983 | 0.7% | +155.0% |
| 1984 | 0.8% | +19.0% |
| 1985 | 1.4% | +76.2% |
| 1986 | 1.6% | +16.8% |
| 1988 | 1.2% | -27.3% |
| 1989 | 2.5% | +113.8% |
| 1990 | 1.3% | -47.3% |
| 1991 | 2.3% | +72.5% |
| 1992 | 3.2% | +38.6% |
| 1993 | 2.6% | -19.6% |
| 1994 | 4.5% | +74.6% |
| 1995 | 4.6% | +2.5% |
| 1996 | 2.3% | -50.8% |
| 1997 | 2.5% | +11.4% |
| 1998 | 2.4% | -5.2% |
| 1999 | 3.5% | +46.2% |
| 2000 | 2.9% | -16.1% |
| 2001 | 4.1% | +39.5% |
| 2002 | 3.9% | -4.2% |
| 2003 | 4.2% | +8.4% |
| 2004 | 6.3% | +47.7% |
| 2005 | 7.7% | +22.2% |
| 2006 | 4.3% | -44.1% |
| 2007 | 3.9% | -9.1% |
| 2008 | 2.8% | -27.8% |
| 2009 | 3.1% | +12.0% |
| 2010 | 1.9% | -40.1% |
| 2011 | 2.5% | +30.9% |
| 2012 | 2.7% | +8.0% |
| 2013 | 1.9% | -29.1% |
| 2014 | 1.9% | +2.2% |
| 2015 | 2.6% | +34.4% |
| 2016 | 3.1% | +20.6% |
| 2017 | 2.8% | -10.4% |
| 2018 | 2.7% | -5.0% |
| 2019 | 2.3% | -12.5% |
| 2020 | 2.1% | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.2% | 0.3% | 2.5% | 7 |
| 1990s | 2.9% | 1.3% | 4.6% | 10 |
| 2000s | 4.3% | 2.8% | 7.7% | 10 |
| 2010s | 2.4% | 1.9% | 3.1% | 10 |
| 2020s | 2.1% | 2.1% | 2.1% | 1 |
Countries ranked near Bhutan
More public sector data for Bhutan
- Arms imports 4.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 5.16 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per square kilometre 104.88 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 12.3% (2020)
- Capital stock, General government, Current prices, Domestic currency 245.49 (2019)
- Taxes on income, profits and capital gains 19.9% (2020)
- Capital stock, General government, Constant prices, Percent of GDP 94.12 (2019)
- Capital stock, General government, Constant prices, Purchasing power 8.39 (2019)
- Taxes on goods and services 17.9% (2020)
Frequently asked questions
- What is customs and other import duties in Bhutan?
- Customs and other import duties in Bhutan was 2.1% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Bhutan?
- The highest recorded value was 7.7% in 2005.
- What is the lowest customs and other import duties recorded in Bhutan?
- The lowest recorded value was 0.3% in 1982.
- How does Bhutan rank for customs and other import duties?
- Bhutan ranks 109th out of 151 countries with data for 2020.
- Is customs and other import duties rising or falling in Bhutan?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is volatile.
- Where does this Bhutan 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 (% of tax revenue). 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 as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.