Ecuador - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Ecuador was $5,491,485,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $7,606,055,000 in 2018 and $45,116,250 in 1962.

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 $69,368,680
1961 $55,485,900
1962 $45,116,250
1963 $68,447,300
1964 $95,983,870
1965 $90,232,260
1966 $102,097,900
1967 $123,663,300
1968 $128,583,600
1969 $135,146,800
1970 $139,028,600
1971 $135,668,000
1972 $161,901,600
1973 $221,308,100
1974 $244,809,300
1975 $266,382,700
1976 $323,718,200
1977 $453,160,200
1978 $541,938,800
1979 $587,974,800
1980 $668,536,400
1981 $651,709,400
1982 $529,544,800
1983 $483,393,700
1984 $590,894,300
1985 $662,552,600
1986 $729,404,700
1987 $632,440,200
1988 $581,689,900
1989 $590,844,200
1990 $644,782,100
1991 $680,956,500
1992 $698,605,300
1993 $705,865,900
1994 $810,678,300
1995 $767,238,600
1996 $756,687,400
1997 $1,078,975,000
1998 $1,293,395,000
1999 $811,303,700
2000 $1,046,497,000
2001 $1,936,125,000
2002 $2,309,103,000
2003 $2,261,605,000
2004 $2,393,496,000
2005 $2,301,941,000
2006 $2,304,897,000
2007 $2,496,874,000
2008 $2,211,733,000
2009 $3,506,411,000
2010 $3,055,907,000
2011 $2,740,449,000
2012 $4,068,373,000
2013 $4,595,797,000
2014 $4,831,590,000
2015 $7,247,876,000
2016 $6,899,410,000
2017 $7,213,129,000
2018 $7,606,055,000
2019 $7,236,432,000
2020 $5,491,485,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts