Honduras - Other taxes (current LCU)

The value for Other taxes (current LCU) in Honduras was 334,257,100 as of 2015. As the graph below shows, over the past 43 years this indicator reached a maximum value of 739,800,000 in 2010 and a minimum value of 3,500,000 in 1972.

Definition: Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 3,500,000
1973 3,500,000
1974 3,800,000
1975 4,900,000
1976 5,500,000
1977 6,100,000
1978 6,600,000
1979 8,100,000
1980 8,200,000
1981 8,200,000
2003 23,500,000
2004 307,400,000
2005 474,400,000
2006 138,300,000
2007 161,091,000
2008 279,200,000
2009 167,200,000
2010 739,800,000
2011 310,300,000
2012 230,500,000
2013 244,674,200
2014 389,004,300
2015 334,257,100

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