Uruguay - Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Uruguay was 147,429,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 177,916,000,000 in 2016 and a minimum value of 13,000 in 1972.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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

Year Value
1972 13,000
1973 39,000
1974 72,000
1975 107,000
1976 193,000
1977 371,000
1978 560,000
1979 1,018,000
1980 2,231,000
1981 2,127,000
1982 1,592,000
1983 3,339,000
1984 3,599,000
1985 8,616,000
1986 18,086,000
1987 30,706,000
1988 56,516,000
1989 83,000,000
1990 175,000,000
1991 337,000,000
1992 716,000,000
1993 1,281,000,000
1994 1,809,000,000
1995 3,211,000,000
1996 5,991,000,000
1997 7,154,000,000
1998 8,891,000,000
1999 9,945,000,000
2000 10,194,000,000
2001 5,311,218,000
2002 5,185,783,000
2003 5,407,573,000
2004 9,650,566,000
2005 11,969,120,000
2006 14,429,520,000
2007 18,682,610,000
2008 33,681,890,000
2009 37,338,850,000
2010 43,604,970,000
2011 48,271,500,000
2012 55,019,800,000
2013 68,397,100,000
2014 72,164,100,000
2015 82,996,100,000
2016 177,916,000,000
2017 123,645,000,000
2018 138,307,000,000
2019 147,429,000,000

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