Costa Rica - Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Costa Rica was 27.13 as of 2019. Its highest value over the past 47 years was 40.12 in 1973, while its lowest value was 17.34 in 1989.

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
1972 37.30
1973 40.12
1974 32.24
1975 31.02
1976 30.96
1977 32.80
1978 29.91
1979 28.48
1980 31.03
1981 26.20
1982 25.72
1983 31.31
1984 31.34
1985 30.29
1986 28.34
1987 26.54
1988 18.21
1989 17.34
1990 27.56
1991 27.86
1992 35.21
1993 33.32
1994 32.28
1995 32.45
1996 39.78
1997 39.39
1998 40.10
1999 38.62
2000 39.62
2001 39.86
2004 38.05
2005 37.82
2006 37.15
2007 38.35
2008 37.45
2009 32.83
2010 33.04
2011 33.57
2012 32.85
2013 32.65
2014 32.13
2015 30.67
2016 29.69
2017 30.38
2018 26.91
2019 27.13

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