Guatemala - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Guatemala was $4,509,334,000 as of 2020. Over the past 19 years, the value for this indicator has fluctuated between $4,695,334,000 in 2019 and $626,726,700 in 2009.

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
2001 $679,421,300
2002 $880,497,900
2003 $915,571,100
2004 $961,239,700
2005 $960,737,300
2006 $1,057,997,000
2007 $1,162,937,000
2008 $966,452,200
2009 $626,726,700
2010 $733,975,200
2011 $853,476,200
2012 $806,368,200
2013 $3,101,130,000
2014 $3,375,232,000
2015 $3,635,712,000
2016 $3,855,762,000
2017 $4,245,265,000
2018 $4,457,677,000
2019 $4,695,334,000
2020 $4,509,334,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts