Paraguay - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Paraguay was 16,882,400,000,000 as of 2020. As the graph below shows, over the past 58 years this indicator reached a maximum value of 17,556,900,000,000 in 2018 and a minimum value of 2,710,000,000 in 1964.

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
1962 2,736,000,000
1963 2,796,000,000
1964 2,710,000,000
1965 3,169,000,000
1966 3,535,000,000
1967 4,488,000,000
1968 5,069,000,000
1969 5,277,000,000
1970 5,486,000,000
1971 5,885,000,000
1972 6,018,000,000
1973 6,388,000,000
1974 6,823,036,000
1975 7,879,000,000
1976 8,871,000,000
1977 10,270,000,000
1978 16,212,000,000
1979 27,565,000,000
1980 34,536,000,000
1981 41,894,000,000
1982 48,210,000,000
1983 46,733,430,000
1984 54,445,900,000
1985 73,529,650,000
1986 101,782,000,000
1987 175,291,000,000
1988 210,304,000,000
1989 360,851,000,000
1990 464,120,000,000
1991 550,952,000,000
1992 592,862,000,000
1993 757,376,000,000
1994 1,129,340,000,000
1995 1,473,170,000,000
1996 1,533,320,000,000
1997 1,692,500,000,000
1998 1,901,860,000,000
1999 1,763,330,000,000
2000 2,060,010,000,000
2001 2,248,190,000,000
2002 2,243,400,000,000
2003 2,928,180,000,000
2004 3,824,220,000,000
2005 4,111,520,000,000
2006 4,741,830,000,000
2007 5,765,690,000,000
2008 6,959,780,000,000
2009 6,914,330,000,000
2010 9,078,561,000,000
2011 10,335,200,000,000
2012 10,749,300,000,000
2013 11,512,700,000,000
2014 13,523,200,000,000
2015 13,824,900,000,000
2016 14,687,600,000,000
2017 16,348,100,000,000
2018 17,556,900,000,000
2019 17,241,300,000,000
2020 16,882,400,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts