Angola - Taxes on exports (current LCU)

The value for Taxes on exports (current LCU) in Angola was 20,630,600,000 as of 2019. As the graph below shows, over the past 20 years this indicator reached a maximum value of 20,630,600,000 in 2019 and a minimum value of 68,799 in 2014.

Definition: Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1999 3,218,672
2000 34,253,650
2001 92,051,680
2002 248,138,800
2003 423,592,200
2004 487,505,800
2005 144,127,600
2006 86,822,660
2007 71,152,440
2008 9,732,844
2009 7,260,164
2010 10,715,530
2011 11,118,540
2012 442,264
2013 1,195,129
2014 68,799
2015 568,480
2016 4,463,585
2017 531,738
2018 8,221,067,000
2019 20,630,600,000

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance