Customs and other import duties in Equatorial Guinea
Equatorial Guinea: Customs and other import duties was 4.0% in 2022. ▲ Rising
Customs and other import duties in Equatorial Guinea, 2006–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
Equatorial Guinea recorded 4.0% for customs and other import duties in 2022. That is the highest value across all 17 years on record.
That represents a change of up 47.5% on the previous year and up 168.6% over ten years.
Over the whole period, customs and other import duties in Equatorial Guinea peaked at 4.0% in 2022 and was at its lowest, 0.9%, in 2008.
Equatorial Guinea ranks 87th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Customs and other import duties in Equatorial Guinea, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 2006 | 2.0% | — |
| 2007 | 1.4% | -31.8% |
| 2008 | 0.9% | -34.7% |
| 2009 | 1.0% | +16.4% |
| 2010 | 2.0% | +92.6% |
| 2011 | 2.0% | -1.7% |
| 2012 | 1.5% | -24.5% |
| 2013 | 3.4% | +129.2% |
| 2014 | 3.7% | +7.8% |
| 2015 | 1.5% | -59.0% |
| 2016 | 3.7% | +147.8% |
| 2017 | 2.9% | -22.2% |
| 2018 | 2.9% | -0.0% |
| 2019 | 2.5% | -14.1% |
| 2020 | 2.2% | -12.5% |
| 2021 | 2.7% | +23.8% |
| 2022 | 4.0% | +47.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 0.9% | 2.0% | 4 |
| 2010s | 2.6% | 1.5% | 3.7% | 10 |
| 2020s | 3.0% | 2.2% | 4.0% | 3 |
Countries ranked near Equatorial Guinea
More public sector data for Equatorial Guinea
- Arms imports 12.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 6.34 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0009 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -96.67 % change on previous year (2013)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 59.78 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0085 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -30.25 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 113.14 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 0 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is customs and other import duties in Equatorial Guinea?
- Customs and other import duties in Equatorial Guinea was 4.0% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Equatorial Guinea?
- The highest recorded value was 4.0% in 2022.
- What is the lowest customs and other import duties recorded in Equatorial Guinea?
- The lowest recorded value was 0.9% in 2008.
- How does Equatorial Guinea rank for customs and other import duties?
- Equatorial Guinea ranks 87th out of 151 countries with data for 2022.
- Is customs and other import duties rising or falling in Equatorial Guinea?
- Over the last ten years it is up 168.6%. The long-run trend across the full record is rising.
- Where does this Equatorial Guinea 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.
Download this data
CSV · JSON — 17 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 as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.