The Bahamas - Taxes on exports (current LCU)

The value for Taxes on exports (current LCU) in The Bahamas was 18,264,000 as of 2018. As the graph below shows, over the past 28 years this indicator reached a maximum value of 331,313,000 in 2012 and a minimum value of 6,300,000 in 1990.

Definition: Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 6,300,000
1991 7,600,000
2000 13,100,000
2001 13,400,000
2002 13,100,000
2003 11,800,000
2004 13,202,000
2005 15,462,000
2006 13,336,000
2007 14,063,000
2008 14,676,000
2009 12,745,000
2010 14,016,000
2011 253,723,000
2012 331,313,000
2013 14,483,000
2014 9,967,000
2015 8,796,000
2016 12,089,000
2017 8,379,000
2018 18,264,000

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