Chile - Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Chile was 20,075,800,000,000 as of 2019. As the graph below shows, over the past 46 years this indicator reached a maximum value of 20,075,800,000,000 in 2019 and a minimum value of 101,000,000 in 1973.

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
1973 101,000,000
1974 815,000,000
1975 3,835,000,000
1976 14,591,000,000
1977 33,041,000,000
1978 55,839,000,000
1979 84,600,000,000
1980 124,160,000,000
1981 160,460,000,000
1982 157,410,000,000
1983 168,810,000,000
1984 219,190,000,000
1985 298,100,000,000
1986 398,890,000,000
1987 497,370,000,000
1988 557,270,000,000
1989 642,370,000,000
1990 827,570,000,000
1991 1,173,120,000,000
1992 1,560,700,000,000
1993 1,901,100,000,000
1994 2,224,680,000,000
1995 2,604,820,000,000
1996 3,066,430,000,000
1997 3,395,780,000,000
1998 3,585,480,000,000
1999 3,629,350,000,000
2000 4,133,360,000,000
2001 4,438,730,000,000
2002 4,803,990,000,000
2003 5,191,940,000,000
2004 5,807,570,000,000
2005 6,499,000,000,000
2006 6,894,000,000,000
2007 8,081,960,000,000
2008 8,987,500,000,000
2009 8,424,530,000,000
2010 10,759,900,000,000
2011 12,109,300,000,000
2012 12,436,800,000,000
2013 14,089,800,000,000
2014 15,048,100,000,000
2015 16,281,100,000,000
2016 17,498,100,000,000
2017 19,047,200,000,000
2018 19,705,900,000,000
2019 20,075,800,000,000

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