Chile - Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Chile was 47.21 as of 2019. Its highest value over the past 46 years was 50.13 in 2017, while its lowest value was 31.08 in 1975.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

See also:

Year Value
1973 31.56
1974 31.71
1975 31.08
1976 36.80
1977 37.07
1978 36.21
1979 33.51
1980 34.61
1981 39.49
1982 42.74
1983 39.35
1984 40.28
1985 39.97
1986 43.63
1987 43.47
1988 42.30
1989 40.27
1990 43.49
1991 43.83
1992 44.95
1993 45.74
1994 46.31
1995 45.44
1996 46.34
1997 46.30
1998 46.52
1999 46.95
2000 47.09
2001 46.89
2002 49.15
2003 49.04
2004 45.26
2005 41.27
2006 34.37
2007 34.34
2008 39.08
2009 45.84
2010 45.06
2011 43.97
2012 43.28
2013 48.86
2014 49.22
2015 48.53
2016 49.70
2017 50.13
2018 46.90
2019 47.21

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.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance