Guatemala - Other taxes (current LCU)

The value for Other taxes (current LCU) in Guatemala was 486,101,500 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 885,340,700 in 2012 and a minimum value of 167,250,000 in 2001.

Definition: Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.

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

Year Value
1990 177,590,000
1991 295,650,000
1992 221,350,000
1993 194,540,000
1994 219,780,000
1995 234,020,000
1996 209,200,000
1997 180,180,000
1998 234,390,000
1999 263,350,000
2000 199,450,000
2001 167,250,000
2002 193,550,000
2003 185,450,000
2004 297,440,000
2005 322,370,000
2006 400,800,000
2007 406,400,000
2008 392,300,000
2009 604,259,900
2010 582,240,100
2011 651,820,700
2012 885,340,700
2013 441,069,800
2014 373,204,000
2015 357,246,200
2016 391,124,200
2017 533,985,000
2018 486,550,700
2019 486,101,500

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