Nicaragua - Other taxes (current LCU)

The value for Other taxes (current LCU) in Nicaragua was 506,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 778,216,800 in 2017 and a minimum value of -14,000,000 in 2001.

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
1990 4,000,000
1991 116,590,000
1992 94,540,000
1993 143,800,000
1994 173,090,000
1995 540,000
1996 2,400,000
1997 4,160,000
1998 3,780,000
1999 -10,150,000
2000 -10,740,000
2001 -14,000,000
2002 14,239,000
2003 13,202,000
2004 15,312,000
2005 19,000,000
2006 19,000,000
2007 20,705,000
2008 21,564,000
2009 71,506,000
2010 150,370,000
2011 213,191,000
2012 262,602,600
2013 388,702,000
2014 461,190,000
2015 603,040,000
2016 693,450,000
2017 778,216,800
2018 460,461,900
2019 506,000,000

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