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
1972 5.90085556
1973 6.06203562
1974 5.5412844
1975 5.93842678
1976 5.50827423
1977 5.83143508
1978 5.28034332
1979 5.80568216
1980 5.59720504
1981 5.50152905
1982 5.42662206
1983 4.95003768
1984 5.18685137
1985 5.52566499
1986 5.57783821
1987 4.86993937
1988 4.83795772
1989 4.49917859
1990 4.35697446
1991 3.57893829
1992 3.77611172
1993 3.75285887
1994 3.45547831
1995 3.31112573
1996 2.70013311
1997 2.64055814
1998 2.77673861
1999 2.59079625
2000 2.48992299
2001 2.61935227
2002 2.92709216
2003 2.85567882
2004 2.68208556
2005 2.42176621
2006 2.03578542
2007 2.15589357
2008 2.12564041
2009 2.25932566
2010 2.15201105
2011 2.02159653
2012 2.243859
2013 2.42245304
2014 2.64976301
2015 3.06357682
2016 3.80331917
2017 3.65288814
2018 3.67008959
2019 3.49774152
2020 4.3573924
2021 3.76764231
2022 3.07750146
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