Peru - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Peru was $15,923,330,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $18,960,540,000 in 2019 and ($11,866,350,000) 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 U.S. dollars.

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

See also:

Year Value
1960 $148,300,200
1961 $186,810,800
1962 $205,926,200
1963 $242,338,100
1964 $320,729,700
1965 $402,985,100
1966 $500,000,000
1967 $453,642,400
1968 $431,524,600
1969 $550,387,600
1970 $583,979,300
1971 $638,242,900
1972 $720,930,200
1973 $785,529,700
1974 $770,025,800
1975 $1,128,395,000
1976 $968,085,100
1977 ($11,866,350,000)
1978 $1,058,221,000
1979 $2,182,102,000
1991 $2,708,430,000
1992 $3,257,534,000
1993 $3,196,768,000
1994 $4,372,610,000
1995 $5,303,662,000
1996 $5,274,009,000
1997 $5,568,694,000
1998 $5,342,732,000
1999 $4,582,656,000
2000 $4,589,243,000
2001 $4,451,412,000
2002 $4,678,625,000
2003 $5,190,561,000
2004 $6,027,594,000
2005 $6,809,537,000
2006 $7,553,900,000
2007 $8,470,118,000
2008 $9,823,303,000
2009 $10,037,850,000
2010 $12,475,660,000
2011 $13,578,660,000
2012 $16,590,840,000
2013 $18,018,060,000
2014 $18,274,740,000
2015 $16,273,710,000
2016 $15,739,390,000
2017 $16,867,960,000
2018 $17,700,660,000
2019 $18,960,540,000
2020 $15,923,330,000

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

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts