Customs and other import duties in Peru
Peru: Customs and other import duties was 1.0% in 2021. ◆ Volatile
Customs and other import duties in Peru, 1972–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
The most recent figure for customs and other import duties in Peru is 1.0%, measured in 2021. That is the lowest value across all 50 years on record.
The figure is down 15.9% on the previous year and down 42.7% over ten years.
Over the whole period, customs and other import duties in Peru peaked at 23.2% in 1981 and was at its lowest, 1.0%, in 2021.
Peru ranks 116th of 151 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Customs and other import duties in Peru, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 1972 | 15.6% | — |
| 1973 | 19.6% | +25.8% |
| 1974 | 15.3% | -22.0% |
| 1975 | 22.8% | +49.4% |
| 1976 | 17.8% | -21.8% |
| 1977 | 14.0% | -21.5% |
| 1978 | 16.4% | +17.2% |
| 1979 | 13.7% | -16.2% |
| 1980 | 16.3% | +18.4% |
| 1981 | 23.2% | +42.9% |
| 1982 | 21.1% | -9.1% |
| 1983 | 21.2% | +0.6% |
| 1984 | 22.4% | +5.2% |
| 1985 | 22.6% | +1.0% |
| 1986 | 21.5% | -5.0% |
| 1987 | 22.7% | +5.8% |
| 1988 | 14.7% | -35.1% |
| 1989 | 17.7% | +19.7% |
| 1990 | 10.7% | -39.5% |
| 1991 | 11.2% | +4.8% |
| 1992 | 11.9% | +6.1% |
| 1993 | 14.4% | +20.8% |
| 1994 | 13.1% | -8.9% |
| 1995 | 12.7% | -3.2% |
| 1996 | 11.6% | -8.4% |
| 1997 | 10.4% | -10.0% |
| 1998 | 11.7% | +12.3% |
| 1999 | 12.0% | +2.2% |
| 2000 | 11.6% | -3.0% |
| 2001 | 10.6% | -8.5% |
| 2002 | 9.1% | -14.5% |
| 2003 | 8.1% | -10.3% |
| 2004 | 7.7% | -5.5% |
| 2005 | 7.5% | -3.1% |
| 2006 | 5.2% | -30.0% |
| 2007 | 3.0% | -41.7% |
| 2008 | 3.3% | +7.6% |
| 2009 | 2.8% | -13.5% |
| 2010 | 2.8% | -1.4% |
| 2011 | 1.8% | -34.7% |
| 2012 | 1.8% | -0.7% |
| 2013 | 1.9% | +5.2% |
| 2014 | 1.9% | -1.7% |
| 2015 | 2.0% | +4.8% |
| 2016 | 1.8% | -8.6% |
| 2017 | 1.6% | -11.2% |
| 2018 | 1.4% | -12.9% |
| 2019 | 1.3% | -7.5% |
| 2020 | 1.2% | -3.3% |
| 2021 | 1.0% | -15.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.9% | 13.7% | 22.8% | 8 |
| 1980s | 20.3% | 14.7% | 23.2% | 10 |
| 1990s | 12.0% | 10.4% | 14.4% | 10 |
| 2000s | 6.9% | 2.8% | 11.6% | 10 |
| 2010s | 1.8% | 1.3% | 2.8% | 10 |
| 2020s | 1.1% | 1.0% | 1.2% | 2 |
Countries ranked near Peru
More public sector data for Peru
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.1169 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -81.82 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 74.97 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0088 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -22.47 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 17.19 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is customs and other import duties in Peru?
- Customs and other import duties in Peru was 1.0% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Peru?
- The highest recorded value was 23.2% in 1981.
- What is the lowest customs and other import duties recorded in Peru?
- The lowest recorded value was 1.0% in 2021.
- How does Peru rank for customs and other import duties?
- Peru ranks 116th out of 151 countries with data for 2021.
- Is customs and other import duties rising or falling in Peru?
- Over the last ten years it is down 42.7%. The long-run trend across the full record is volatile.
- Where does this Peru 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.