🇮🇸 Iceland Customs and other import duties
Iceland Customs and other import duties was $6.16B in 2023, up 2.7% from 2022, according to World Bank data. The 10-year average is $4.64B. Historical data available from 1972 to 2023 (52 data points). The all-time high was $10.62B in 1991.
Source: World Bank World Development Indicators • 1972–2023 • 52 data points • Public Sector
Latest Value
$6.16B
2023
Year-on-Year
+2.7%
vs 2022
10-Year Average
$4.64B
2014–2023
Range
High: $10.62B (1991)
Low: $54.60M (1972)
Iceland Customs and other import duties (current LCU) — 1972 to 2023
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About this Indicator
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | $6.16B |
| 2022 | $5.99B |
| 2021 | $4.12B |
| 2020 | $2.58B |
| 2019 | $3.43B |
| 2018 | $4.12B |
| 2017 | $3.91B |
| 2016 | $5.09B |
| 2015 | $4.99B |
| 2014 | $6.06B |
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<iframe src="https://nationstat.com/country/iceland/customs-and-other-import-duties-current-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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