Guatemala - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Guatemala was 33,033,380,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 60,459,940,000 in 2000 and a minimum value of 12,596,180,000 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 constant local currency.

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

Year Value
1960 12,596,180,000
1961 12,765,720,000
1962 13,690,970,000
1963 14,842,560,000
1964 14,706,170,000
1965 15,057,260,000
1966 15,296,900,000
1967 15,231,760,000
1968 16,526,530,000
1969 17,208,180,000
1970 18,239,930,000
1971 19,243,330,000
1972 20,794,360,000
1973 21,332,650,000
1974 23,213,150,000
1975 24,162,790,000
1976 20,631,620,000
1977 21,067,400,000
1978 22,086,490,000
1979 22,938,380,000
1980 23,356,750,000
1981 22,984,700,000
1982 24,363,630,000
1983 27,488,010,000
1984 30,518,780,000
1985 31,985,770,000
1986 32,278,040,000
1987 33,267,480,000
1988 34,221,310,000
1989 35,846,320,000
1990 38,853,170,000
1991 40,690,430,000
1992 41,039,690,000
1993 43,677,180,000
1994 45,662,610,000
1995 47,533,250,000
1996 48,836,440,000
1997 50,402,640,000
1998 52,225,350,000
1999 54,648,300,000
2000 60,459,940,000
2001 15,704,560,000
2002 15,288,140,000
2003 16,118,250,000
2004 17,057,470,000
2005 17,458,330,000
2006 18,301,090,000
2007 20,062,090,000
2008 20,393,910,000
2009 20,465,890,000
2010 22,677,970,000
2011 23,873,010,000
2012 23,743,150,000
2013 24,365,060,000
2014 25,254,600,000
2015 26,888,530,000
2016 28,033,490,000
2017 30,191,320,000
2018 32,615,710,000
2019 34,956,690,000
2020 33,033,380,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts