Australia | Customs and other import duties (% of tax revenue)
Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services. Limitations and exceptions: 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). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source
Australia | Customs and other import duties (% of tax revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
5.90085556 1972
6.06203562 1973
5.5412844 1974
5.93842678 1975
5.50827423 1976
5.83143508 1977
5.28034332 1978
5.80568216 1979
5.59720504 1980
5.50152905 1981
5.42662206 1982
4.95003768 1983
5.18685137 1984
5.52566499 1985
5.57783821 1986
4.86993937 1987
4.83795772 1988
4.49917859 1989
4.35697446 1990
3.57893829 1991
3.77611172 1992
3.75285887 1993
3.45547831 1994
3.31112573 1995
2.70013311 1996
2.64055814 1997
2.77673861 1998
2.59079625 1999
2.48992299 2000
2.61935227 2001
2.92709216 2002
2.85567882 2003
2.68208556 2004
2.42176621 2005
2.03578542 2006
2.15589357 2007
2.12564041 2008
2.25932566 2009
2.15201105 2010
2.02159653 2011
2.243859 2012
2.42245304 2013
2.64976301 2014
3.06357682 2015
3.80331917 2016
3.65288814 2017
3.67008959 2018
3.49774152 2019
4.3573924 2020
3.76764231 2021
3.07750146 2022
Australia | Customs and other import duties (% of tax revenue)
Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services. Limitations and exceptions: 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). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source