Lao PDR's customs and other import duties (current LCU) was 2.18 trillion in 2022, the latest year in the World Bank's World Development Indicators. That is up 108.16% from 1.05 trillion in 2012 (7.61% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 2.18 trillion | 2022 |
| Five years earlier | 970.57 billion | 2017 |
| Ten years earlier | 1.05 trillion | 2012 |
| Highest | 2.18 trillion | 2022 |
| Lowest | 674.18 billion | 2008 |
| Average since 2013 | 1.31 trillion | 2013–2022 |
| First recorded | 674.18 billion |
What the numbers say
In 2022, Lao PDR's customs and other import duties (current LCU) rose 84.5% on 2021 (from 1.18 trillion to 2.18 trillion).
Across the 13 yearly changes before that (2009 to 2021), the average change was +6.1% and a typical year strayed about 17% from that (the standard deviation). This year's change was 4.6 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 84.5% in 2022 and the biggest yearly fall was 43.8% in 2017. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 there is no clear straight-line trend: a straight line explains 4% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Lao PDR in the 2022 ranking
- Congo, Dem. Rep. — 2nd of 8: 1.45 trillion
- India — 3rd of 8: 1.35 trillion
- Serbia — 4th of 8: 79.02 billion
What this measures
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.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 15 values
| Year | Customs and other import duties (current LCU) |
|---|---|
| 2022 | 2,180,135,344,092 |
| 2021 | 1,181,858,530,000 |
| 2020 | 1,070,014,030,000 |
| 2019 | 978,844,500,000 |
| 2018 | 1,059,228,800,000 |
| 2017 | 970,573,872,000 |
| 2016 | 1,725,721,480,006 |
| 2015 | 1,356,531,000,000 |
| 2014 | 1,336,380,000,000 |
| 2013 | 1,204,920,000,000 |
Customs and other import duties (current LCU) in nearby economies
- Australia — 16.95 billion (2022)
- Cambodia — 2.39 trillion (2023)
- China — 250.94 billion (2024)
- Fiji — 380.09 million (2024)
- Kiribati — 1.79 million (2023)
- Korea, Rep. — 7.02 trillion (2024)
- Malaysia — 3.07 billion (2024)
- Marshall Islands — 9.27 million (2020)
- Micronesia, Fed. Sts. — 6.2 million (2020)
- Mongolia
More public sector data for Lao PDR
- Arms imports (SIPRI trend indicator values) — 7 million (2024)
- Armed forces personnel, total — 129,000 (2020)
- Armed forces personnel (% of total labor force) — 4.08% (2020)
- CPIA business regulatory environment rating (1=low to 6=high) — 3.5 (2025)
- CPIA debt policy rating (1=low to 6=high) — 2 (2025)
- CPIA economic management cluster average (1=low to 6=high) — 3 (2025)
- CPIA policy and institutions for environmental sustainability rating (1=low to 6=high) — 3.5 (2025)
- CPIA quality of budgetary and financial management rating (1=low to 6=high) — 3 (2025)
- CPIA financial sector rating (1=low to 6=high)
Reading data like this
Questions people ask
- What is Lao PDR's customs and other import duties (current LCU)?
- 2.18 trillion in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2008?
- It is up 223.38% from 674.18 billion in 2008 (8.74% a year on average, compounded). The highest value was 2.18 trillion in 2022 and the lowest 674.18 billion in 2008.
- Is the latest change in customs and other import duties (current LCU) unusual for Lao PDR?
- In 2022, Lao PDR's customs and other import duties (current LCU) rose 84.5% on 2021 (from 1.18 trillion to 2.18 trillion). Across the 13 yearly changes before that (2009 to 2021), the average change was +6.1% and a typical year strayed about 17% from that (the standard deviation). This year's change was 4.6 standard deviations above that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator GC.TAX.IMPT.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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