Paraguay - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Paraguay was 14,812,600,000,000 as of 2019. As the graph below shows, over the past 14 years this indicator reached a maximum value of 15,114,800,000,000 in 2018 and a minimum value of 3,443,200,000,000 in 2005.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

Year Value
2005 3,443,200,000,000
2006 3,953,600,000,000
2007 4,860,340,000,000
2008 5,947,970,000,000
2009 5,988,050,000,000
2010 7,741,910,000,000
2011 8,853,770,000,000
2012 9,282,950,000,000
2013 10,118,300,000,000
2014 11,917,600,000,000
2015 12,502,900,000,000
2016 13,157,600,000,000
2017 14,211,300,000,000
2018 15,114,800,000,000
2019 14,812,600,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Paraguay was 35.44 as of 2019. Its highest value over the past 14 years was 40.18 in 2010, while its lowest value was 35.30 in 2006.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

See also:

Year Value
2005 35.57
2006 35.30
2007 38.18
2008 39.27
2009 36.40
2010 40.18
2011 39.06
2012 37.14
2013 39.12
2014 39.25
2015 37.18
2016 35.58
2017 36.85
2018 37.55
2019 35.44

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Paraguay was 7.57 as of 2019. Its highest value over the past 14 years was 8.23 in 2014, while its lowest value was 6.38 in 2006.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
2005 6.40
2006 6.38
2007 6.69
2008 6.94
2009 6.46
2010 7.53
2011 7.96
2012 7.66
2013 7.61
2014 8.23
2015 8.00
2016 7.86
2017 7.91
2018 7.98
2019 7.57

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance