Customs and other import duties in Naoero
Naoero: Customs and other import duties was 31.6% in 2024. ▼ Falling
Customs and other import duties in Naoero, 2014–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
Naoero recorded 31.6% for customs and other import duties in 2024.
That represents a change of up 48.0% on the previous year and down 63.5% over ten years.
Over the whole period, customs and other import duties in Naoero peaked at 86.5% in 2014 and was at its lowest, 20.9%, in 2021.
Naoero ranks 11th of 151 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 11 years of available data.
Customs and other import duties in Naoero, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 2014 | 86.5% | — |
| 2015 | 51.5% | -40.4% |
| 2016 | 53.1% | +3.0% |
| 2017 | 50.4% | -5.0% |
| 2018 | 37.3% | -26.0% |
| 2019 | 29.9% | -19.8% |
| 2020 | 21.6% | -27.7% |
| 2021 | 20.9% | -3.6% |
| 2022 | 24.0% | +14.9% |
| 2023 | 21.3% | -11.0% |
| 2024 | 31.6% | +48.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 51.4% | 29.9% | 86.5% | 6 |
| 2020s | 23.9% | 20.9% | 31.6% | 5 |
Countries ranked near Naoero
More public sector data for Naoero
- Tax revenue 21.4% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 (2019)
- Taxes on income, profits and capital gains 8.7% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 0 (2019)
- Capital stock, General government, Constant prices, Purchasing power 0 (2019)
- Taxes on goods and services 2.7% (2024)
- Net investment in nonfinancial assets 9.2% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) 15.1% (2024)
Frequently asked questions
- What is customs and other import duties in Naoero?
- Customs and other import duties in Naoero was 31.6% 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 Naoero?
- The highest recorded value was 86.5% in 2014.
- What is the lowest customs and other import duties recorded in Naoero?
- The lowest recorded value was 20.9% in 2021.
- How does Naoero rank for customs and other import duties?
- Naoero ranks 11th out of 151 countries with data for 2024.
- Is customs and other import duties rising or falling in Naoero?
- Over the last ten years it is down 63.5%. The long-run trend across the full record is falling.
- Where does this Naoero 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 — 11 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.