Customs and other import duties (% of tax revenue) in Micronesia (country)
Micronesia (country): Customs and other import duties (% of tax revenue) was 23.6% in 2020. ▼ Falling
Customs and other import duties in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
Micronesia (country) recorded 23.6% for customs and other import duties in 2020.
That represents a change of up 204.7% on the previous year and down 33.9% over ten years.
Over the whole period, customs and other import duties in Micronesia (country) peaked at 37.3% in 2009 and was at its lowest, 6.0%, in 2018.
Micronesia (country) ranks 15th of 151 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 13 years of available data.
Customs and other import duties (% of tax revenue) in Micronesia (country), year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 2008 | 36.3% | — |
| 2009 | 37.3% | +2.9% |
| 2010 | 35.8% | -4.2% |
| 2011 | 30.3% | -15.4% |
| 2012 | 27.4% | -9.5% |
| 2013 | 23.3% | -14.9% |
| 2014 | 9.5% | -59.3% |
| 2015 | 25.1% | +164.7% |
| 2016 | 25.3% | +1.0% |
| 2017 | 15.4% | -39.3% |
| 2018 | 6.0% | -60.8% |
| 2019 | 7.8% | +28.7% |
| 2020 | 23.6% | +204.7% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 23.6% is above the median for upper middle income countries, which is 5.5%, 4.3× the median. (47 countries reporting)
- Micronesia (country)'s 23.6% is above the median for East Asia & Pacific, which is 8.3%, 2.9× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Customs and other import duties (% of tax revenue) in Micronesia (country) 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 |
|---|---|---|---|
| 2020 | +204.7% | 7.8% | 23.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.8% | 36.3% | 37.3% | 2 |
| 2010s | 20.6% | 6.0% | 35.8% | 10 |
| 2020s | 23.6% | 23.6% | 23.6% | 1 |
Countries ranked near Micronesia (country)
- 12 Iraq 25.7% compare
- 13 Ethiopia 25.5% compare
- 14 Philippines 24.1% compare
- 16 Saint Kitts and Nevis 23.6% compare
- 17 Marshall Islands 22.3% compare
- 18 Vanuatu 21.0% compare
More public sector data for Micronesia (country)
- Democracy, annual growth rate 0 % change on previous year (2025)
- 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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 7.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 62.15 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0158 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2023)
Frequently asked questions
- What is customs and other import duties in Micronesia (country)?
- Customs and other import duties in Micronesia (country) was 23.6% 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 Micronesia (country)?
- The highest recorded value was 37.3% in 2009.
- What is the lowest customs and other import duties recorded in Micronesia (country)?
- The lowest recorded value was 6.0% in 2018.
- How does Micronesia (country) rank for customs and other import duties?
- Micronesia (country) ranks 15th out of 151 countries with data for 2020.
- Is customs and other import duties rising or falling in Micronesia (country)?
- Over the last ten years it is down 33.9%. The long-run trend across the full record is falling.
- Where does this Micronesia (country) 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.