Costa Rica - Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Costa Rica was 2,627,740,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 2,627,740,000,000 in 2019 and a minimum value of 470,000,000 in 1972.

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.

Year Value
1972 470,000,000
1973 650,000,000
1974 790,000,000
1975 940,000,000
1976 1,130,000,000
1977 1,440,000,000
1978 1,720,000,000
1979 1,800,000,000
1980 2,290,000,000
1981 2,670,000,000
1982 4,380,000,000
1983 8,800,000,000
1984 11,400,000,000
1985 12,420,000,000
1986 15,460,000,000
1987 18,600,000,000
1988 15,970,000,000
1989 18,040,000,000
1990 33,260,000,000
1991 45,280,000,000
1992 79,290,000,000
1993 92,580,000,000
1994 105,280,000,000
1995 138,690,000,000
1996 200,250,000,000
1997 241,690,000,000
1998 296,580,000,000
1999 348,800,000,000
2000 408,100,000,000
2001 479,700,000,000
2004 692,346,000,000
2005 827,846,000,000
2006 1,021,840,000,000
2007 1,287,500,000,000
2008 1,485,410,000,000
2009 1,361,560,000,000
2010 1,498,330,000,000
2011 1,695,100,000,000
2012 1,828,100,000,000
2013 1,962,940,000,000
2014 2,078,650,000,000
2015 2,246,270,000,000
2016 2,378,370,000,000
2017 2,433,880,000,000
2018 2,479,910,000,000
2019 2,627,740,000,000

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