Honduras - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Honduras was 16,920,500,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 19,448,200,000 in 2019 and a minimum value of 2,416,682,000 in 1961.

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 2,497,698,000
1961 2,416,682,000
1962 2,432,196,000
1963 2,461,499,000
1964 2,725,231,000
1965 2,994,120,000
1966 3,032,042,000
1967 3,145,809,000
1968 3,475,041,000
1969 3,506,068,000
1970 4,171,429,000
1971 4,205,903,000
1972 4,274,853,000
1973 4,757,497,000
1974 4,671,311,000
1975 4,860,921,000
1976 5,808,973,000
1977 7,377,568,000
1978 8,157,358,000
1979 8,295,553,000
1980 7,682,268,000
1981 7,657,050,000
1982 7,053,929,000
1983 6,522,007,000
1984 7,634,042,000
1985 8,529,513,000
1986 9,104,036,000
1987 9,810,509,000
1988 9,851,471,000
1989 9,414,919,000
1990 11,036,950,000
1991 9,670,750,000
1992 9,400,095,000
1993 9,290,338,000
1994 10,343,240,000
1995 10,964,130,000
1996 10,859,550,000
1997 11,403,450,000
1998 10,675,740,000
1999 10,173,080,000
2000 10,118,300,000
2001 10,315,000,000
2002 10,721,500,000
2003 11,318,400,000
2004 12,011,800,000
2005 12,679,000,000
2006 13,128,400,000
2007 13,796,800,000
2008 12,759,600,000
2009 12,223,500,000
2010 12,753,200,000
2011 13,379,300,000
2012 13,792,800,000
2013 13,783,900,000
2014 15,224,000,000
2015 16,480,900,000
2016 17,184,100,000
2017 17,763,300,000
2018 18,673,000,000
2019 19,448,200,000
2020 16,920,500,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts