Mexico - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Mexico was 720,680,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 818,779,000,000 in 2018 and a minimum value of 107,006,000,000 in 1965.

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
1965 107,006,000,000
1966 112,917,000,000
1967 120,387,000,000
1968 137,359,000,000
1969 136,385,000,000
1970 145,841,000,000
1971 147,036,000,000
1972 157,182,000,000
1973 171,603,000,000
1974 179,580,000,000
1975 186,454,000,000
1976 192,831,000,000
1977 199,071,000,000
1978 228,690,000,000
1979 260,074,000,000
1980 298,042,000,000
1981 323,452,000,000
1982 321,767,000,000
1983 310,549,000,000
1984 321,141,000,000
1985 328,167,000,000
1986 318,063,000,000
1987 323,541,000,000
1988 327,693,000,000
1989 341,147,000,000
1990 358,804,000,000
1991 373,926,000,000
1992 387,167,000,000
1993 394,683,000,000
1994 425,329,000,000
1995 386,641,000,000
1996 410,053,000,000
1997 440,359,000,000
1998 459,036,000,000
1999 478,609,000,000
2000 488,419,000,000
2001 492,641,000,000
2002 495,817,000,000
2003 502,613,000,000
2004 523,128,000,000
2005 539,351,000,000
2006 579,923,000,000
2007 589,362,000,000
2008 610,821,000,000
2009 571,451,000,000
2010 595,394,000,000
2011 619,537,000,000
2012 628,731,000,000
2013 634,567,000,000
2014 673,892,000,000
2015 712,945,000,000
2016 764,689,000,000
2017 792,452,000,000
2018 818,779,000,000
2019 817,494,000,000
2020 720,680,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts