Chile - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Chile was 16,507,400,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 16,699,700,000,000 in 2019 and a minimum value of 130,383 in 1960.

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 local currency.

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

Year Value
1960 130,383
1961 150,290
1962 177,124
1963 248,339
1964 311,237
1965 467,429
1966 857,517
1967 1,173,936
1968 1,425,400
1969 1,931,270
1970 3,408,691
1971 3,335,890
1972 5,992,307
1973 32,781,320
1974 341,548,400
1975 1,376,251,000
1976 5,183,486,000
1977 14,621,780,000
1978 26,089,380,000
1979 44,322,300,000
1980 62,950,600,000
1981 81,708,740,000
1982 61,387,910,000
1983 92,054,590,000
1984 143,072,000,000
1985 211,688,000,000
1986 410,618,000,000
1987 548,992,000,000
1988 592,094,000,000
1989 724,117,000,000
1990 1,004,920,000,000
1991 1,295,010,000,000
1992 1,729,930,000,000
1993 2,219,360,000,000
1994 2,482,350,000,000
1995 2,956,190,000,000
1996 2,987,730,000,000
1997 3,211,570,000,000
1998 3,593,410,000,000
1999 3,481,110,000,000
2000 3,824,230,000,000
2001 4,012,590,000,000
2002 4,357,610,000,000
2003 4,396,920,000,000
2004 4,966,130,000,000
2005 5,841,540,000,000
2006 6,407,340,000,000
2007 7,125,720,000,000
2008 7,959,740,000,000
2009 7,604,690,000,000
2010 8,821,070,000,000
2011 9,931,450,000,000
2012 11,074,000,000,000
2013 11,689,000,000,000
2014 12,685,500,000,000
2015 13,869,000,000,000
2016 14,445,800,000,000
2017 15,521,500,000,000
2018 16,667,300,000,000
2019 16,699,700,000,000
2020 16,507,400,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts