Mali - Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Mali was 778,206,000,000 as of 2019. As the graph below shows, over the past 19 years this indicator reached a maximum value of 824,400,000,000 in 2017 and a minimum value of 139,576,000,000 in 2000.

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
2000 139,576,000,000
2001 166,712,000,000
2002 187,949,000,000
2003 196,201,000,000
2004 233,017,000,000
2005 244,672,000,000
2006 274,629,000,000
2007 252,200,000,000
2008 227,896,000,000
2009 265,713,000,000
2010 281,610,000,000
2011 315,110,000,000
2012 312,085,000,000
2013 353,185,000,000
2014 385,800,000,000
2015 565,700,000,000
2016 761,600,000,000
2017 824,400,000,000
2018 610,973,000,000
2019 778,206,000,000

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