Peru - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Peru was 55,650,450,000.00 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 63,277,000,000.00 in 2019 and a minimum value of -994.40 in 1977.

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 4.05
1961 5.01
1962 5.52
1963 6.49
1964 8.60
1965 10.80
1966 13.40
1967 13.70
1968 16.70
1969 21.30
1970 22.60
1971 24.70
1972 27.90
1973 30.40
1974 29.80
1975 45.70
1976 54.60
1977 -994.40
1978 165.40
1979 490.10
1991 2,106,887,000.00
1992 4,073,221,000.00
1993 6,358,691,000.00
1994 9,604,000,000.00
1995 11,964,000,000.00
1996 12,944,000,000.00
1997 14,835,000,000.00
1998 15,651,000,000.00
1999 15,510,000,000.00
2000 16,016,000,000.00
2001 15,616,000,000.00
2002 16,458,000,000.00
2003 18,059,000,000.00
2004 20,577,000,000.00
2005 22,449,000,000.00
2006 24,736,000,000.00
2007 26,503,000,000.00
2008 28,742,000,000.00
2009 30,236,000,000.00
2010 35,245,000,000.00
2011 37,397,000,000.00
2012 43,760,000,000.00
2013 48,683,000,000.00
2014 51,882,000,000.00
2015 51,822,000,000.00
2016 53,122,000,000.00
2017 54,998,000,000.00
2018 58,175,000,000.00
2019 63,277,000,000.00
2020 55,650,450,000.00

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts