Mexico - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Mexico was $68,280,020,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $74,273,610,000 in 2019 and $544,568,000 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 current U.S. dollars.

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

See also:

Year Value
1960 $544,568,000
1961 $566,408,000
1962 $627,928,000
1963 $679,368,000
1964 $780,648,000
1965 $931,712,000
1966 $989,640,000
1967 $1,168,112,000
1968 $1,361,656,000
1969 $1,521,248,000
1970 $1,731,320,000
1971 $1,892,672,000
1972 $2,229,672,000
1973 $2,789,584,000
1974 $3,324,352,000
1975 $5,034,032,000
1976 $4,700,500,000
1977 $4,740,026,000
1978 $6,062,991,000
1979 $9,075,952,000
1980 $14,186,600,000
1981 $17,744,440,000
1982 $14,471,720,000
1983 $10,502,980,000
1984 $13,464,300,000
1985 $16,392,960,000
1986 $9,825,414,000
1987 $12,914,380,000
1988 $14,888,070,000
1989 $18,501,770,000
1990 $22,328,730,000
1991 $26,799,440,000
1992 $31,111,070,000
1993 $22,007,160,000
1994 $25,218,580,000
1995 $14,942,800,000
1996 $16,456,510,000
1997 $22,475,800,000
1998 $26,390,740,000
1999 $31,119,920,000
2000 $33,022,920,000
2001 $37,784,900,000
2002 $39,888,190,000
2003 $36,445,260,000
2004 $34,586,990,000
2005 $36,307,480,000
2006 $36,700,300,000
2007 $39,979,370,000
2008 $28,428,080,000
2009 $37,285,100,000
2010 $42,905,670,000
2011 $40,635,630,000
2012 $36,661,600,000
2013 $49,684,250,000
2014 $68,034,240,000
2015 $67,710,430,000
2016 $67,421,790,000
2017 $64,042,680,000
2018 $67,718,770,000
2019 $74,273,610,000
2020 $68,280,020,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Mexico was 1,467,040,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,467,040,000,000 in 2020 and a minimum value of 6,807,100 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 current local currency.

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

Year Value
1960 6,807,100
1961 7,080,100
1962 7,849,100
1963 8,492,100
1964 9,758,100
1965 11,646,400
1966 12,370,500
1967 14,601,400
1968 17,020,700
1969 19,015,600
1970 21,641,500
1971 23,658,400
1972 27,870,900
1973 34,869,800
1974 41,554,400
1975 62,925,400
1976 72,387,700
1977 107,124,600
1978 138,236,200
1979 206,931,700
1980 326,291,700
1981 434,738,800
1982 816,205,000
1983 1,261,408,000
1984 2,259,309,000
1985 4,211,352,000
1986 6,011,188,000
1987 17,798,600,000
1988 33,842,070,000
1989 45,542,100,000
1990 62,801,780,000
1991 80,891,440,000
1992 96,285,660,000
1993 68,565,500,000
1994 85,115,220,000
1995 95,923,800,000
1996 125,060,000,000
1997 177,975,000,000
1998 241,106,000,000
1999 297,519,000,000
2000 312,252,000,000
2001 352,998,000,000
2002 385,160,000,000
2003 393,208,000,000
2004 390,349,000,000
2005 395,675,000,000
2006 400,004,000,000
2007 436,903,000,000
2008 316,396,000,000
2009 503,852,000,000
2010 542,156,000,000
2011 504,829,000,000
2012 482,815,000,000
2013 634,567,000,000
2014 904,345,000,000
2015 1,073,100,000,000
2016 1,258,370,000,000
2017 1,212,100,000,000
2018 1,303,200,000,000
2019 1,430,780,000,000
2020 1,467,040,000,000

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts