Croatia - Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Croatia was 77,369,600,000 as of 2019. As the graph below shows, over the past 28 years this indicator reached a maximum value of 77,369,600,000 in 2019 and a minimum value of 35,700,000 in 1991.

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
1991 35,700,000
1992 348,030,000
1993 6,143,330,000
1994 16,006,260,000
1995 18,370,400,000
1996 19,667,390,000
1997 21,398,320,000
1998 27,023,310,000
1999 26,883,150,000
2000 30,465,840,000
2001 32,630,110,000
2002 37,676,670,000
2003 40,946,140,000
2004 42,995,950,000
2005 45,961,110,000
2006 50,082,970,000
2007 53,338,340,000
2008 57,191,740,000
2009 52,098,960,000
2010 53,662,160,000
2011 52,912,720,000
2012 55,670,670,000
2013 57,945,210,000
2014 58,579,160,000
2015 61,973,950,000
2016 64,733,260,000
2017 68,402,000,000
2018 72,975,880,000
2019 77,369,600,000

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