Brazil - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Brazil was 596,743,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 664,680,000,000 in 2014 and a minimum value of 337,488,000,000 in 1995.

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 constant local currency.

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

Year Value
1995 337,488,000,000
1996 349,761,000,000
1997 371,986,000,000
1998 366,938,000,000
1999 357,736,000,000
2000 383,706,000,000
2001 386,177,000,000
2002 385,563,000,000
2003 387,864,000,000
2004 412,758,000,000
2005 430,890,000,000
2006 455,384,000,000
2007 490,578,000,000
2008 527,898,000,000
2009 526,339,000,000
2010 583,007,000,000
2011 613,817,000,000
2012 636,206,000,000
2013 659,816,000,000
2014 664,680,000,000
2015 626,874,000,000
2016 593,243,000,000
2017 603,414,000,000
2018 615,120,000,000
2019 626,938,000,000
2020 596,743,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts