Colombia - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Colombia was $24,209,600,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between $34,045,180,000 in 2014 and $72,571,430 in 1965.

Definition: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 $72,571,430
1966 $159,481,500
1967 $88,510,820
1968 $109,687,800
1969 $125,160,900
1970 $167,532,300
1971 $173,779,600
1972 $163,079,000
1973 $205,076,400
1974 $245,149,000
1975 $269,307,300
1976 $317,221,500
1977 $401,694,700
1978 $513,262,600
1979 $677,206,800
1980 $924,673,700
1981 $1,017,339,000
1982 $1,087,667,000
1983 $941,432,300
1984 $840,112,100
1985 $921,610,800
1986 $1,071,173,000
1987 $1,268,790,000
1988 $1,408,110,000
1989 $1,333,553,000
1990 $3,004,372,000
1991 $2,943,025,000
1992 $3,541,498,000
1993 $4,786,738,000
1994 $6,324,324,000
1995 $7,659,752,000
1996 $7,393,894,000
1997 $8,578,180,000
1998 $7,088,653,000
1999 $5,925,970,000
2000 $7,185,974,000
2001 $7,161,142,000
2002 $7,349,531,000
2003 $7,443,220,000
2004 $9,613,055,000
2005 $13,038,850,000
2006 $15,174,450,000
2007 $19,652,200,000
2008 $22,208,540,000
2009 $19,947,120,000
2010 $25,517,630,000
2011 $30,701,150,000
2012 $33,473,840,000
2013 $32,512,560,000
2014 $34,045,180,000
2015 $27,043,120,000
2016 $24,905,030,000
2017 $28,653,210,000
2018 $30,833,600,000
2019 $30,564,200,000
2020 $24,209,600,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts