Peru - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Peru was 43,337,000,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 49,417,000,000 in 2019 and a minimum value of 15,326,000,000 in 1994.

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
1994 15,326,000,000
1995 17,118,000,000
1996 17,210,000,000
1997 18,636,000,000
1998 18,673,000,000
1999 17,989,000,000
2000 18,535,000,000
2001 18,396,000,000
2002 19,154,000,000
2003 20,129,000,000
2004 21,283,000,000
2005 22,999,000,000
2006 24,655,000,000
2007 26,503,000,000
2008 30,079,000,000
2009 30,169,000,000
2010 34,667,000,000
2011 36,325,000,000
2012 39,766,000,000
2013 42,901,000,000
2014 44,114,000,000
2015 44,317,000,000
2016 45,859,000,000
2017 46,456,000,000
2018 48,269,000,000
2019 49,417,000,000
2020 43,337,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts