Honduras - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Honduras was $2,070,684,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $2,379,953,000 in 2019 and $32,250,000 in 1960.

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 $32,250,000
1961 $32,500,000
1962 $33,650,000
1963 $34,800,000
1964 $40,700,000
1965 $45,650,000
1966 $47,450,000
1967 $50,500,000
1968 $56,600,000
1969 $58,600,050
1970 $69,499,950
1971 $71,499,950
1972 $75,499,950
1973 $84,999,950
1974 $99,500,000
1975 $110,500,000
1976 $143,000,000
1977 $203,500,000
1978 $201,547,600
1979 $230,002,700
1980 $251,369,200
1981 $274,136,500
1982 $275,035,600
1983 $275,414,900
1984 $336,065,300
1985 $388,672,300
1986 $434,343,900
1987 $479,704,000
1988 $432,517,000
1989 $364,852,400
1990 $370,035,000
1991 $385,047,100
1992 $405,571,500
1993 $382,051,300
1994 $405,747,700
1995 $488,061,200
1996 $485,036,400
1997 $543,053,800
1998 $589,828,200
1999 $637,732,900
2000 $673,941,100
2001 $737,879,700
2002 $733,253,800
2003 $730,590,100
2004 $781,963,300
2005 $837,001,100
2006 $940,851,600
2007 $1,034,640,000
2008 $1,010,148,000
2009 $1,051,117,000
2010 $1,133,324,000
2011 $1,241,050,000
2012 $1,310,948,000
2013 $1,295,900,000
2014 $1,662,967,000
2015 $1,861,495,000
2016 $2,009,339,000
2017 $2,123,574,000
2018 $2,287,494,000
2019 $2,379,953,000
2020 $2,070,684,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Honduras was 51,257,600,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 58,737,500,000 in 2019 and a minimum value of 64,500,000 in 1960.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 64,500,000
1961 65,000,000
1962 67,300,000
1963 69,600,000
1964 81,400,000
1965 91,300,000
1966 94,900,000
1967 101,000,000
1968 113,200,000
1969 117,200,100
1970 138,999,900
1971 142,999,900
1972 150,999,900
1973 169,999,900
1974 199,000,000
1975 220,999,900
1976 286,000,000
1977 406,999,900
1978 403,095,300
1979 460,005,400
1980 502,738,300
1981 548,273,000
1982 550,071,200
1983 550,829,800
1984 672,130,600
1985 777,344,600
1986 868,687,900
1987 959,408,100
1988 1,007,765,000
1989 1,058,072,000
1990 1,521,584,000
1991 2,047,180,000
1992 2,229,791,000
1993 2,489,484,000
1994 3,411,852,000
1995 4,680,506,000
1996 5,742,832,000
1997 7,141,157,000
1998 7,986,274,000
1999 9,151,466,000
2000 10,118,300,000
2001 11,548,800,000
2002 12,181,200,000
2003 12,817,900,000
2004 14,397,000,000
2005 15,901,200,000
2006 17,901,800,000
2007 19,686,200,000
2008 19,223,400,000
2009 19,999,900,000
2010 21,563,600,000
2011 23,640,200,000
2012 25,744,300,000
2013 26,559,600,000
2014 35,146,400,000
2015 41,136,800,000
2016 46,204,500,000
2017 50,225,700,000
2018 55,060,100,000
2019 58,737,500,000
2020 51,257,600,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Honduras was 16,920,500,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 19,448,200,000 in 2019 and a minimum value of 2,416,682,000 in 1961.

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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 2,497,698,000
1961 2,416,682,000
1962 2,432,196,000
1963 2,461,499,000
1964 2,725,231,000
1965 2,994,120,000
1966 3,032,042,000
1967 3,145,809,000
1968 3,475,041,000
1969 3,506,068,000
1970 4,171,429,000
1971 4,205,903,000
1972 4,274,853,000
1973 4,757,497,000
1974 4,671,311,000
1975 4,860,921,000
1976 5,808,973,000
1977 7,377,568,000
1978 8,157,358,000
1979 8,295,553,000
1980 7,682,268,000
1981 7,657,050,000
1982 7,053,929,000
1983 6,522,007,000
1984 7,634,042,000
1985 8,529,513,000
1986 9,104,036,000
1987 9,810,509,000
1988 9,851,471,000
1989 9,414,919,000
1990 11,036,950,000
1991 9,670,750,000
1992 9,400,095,000
1993 9,290,338,000
1994 10,343,240,000
1995 10,964,130,000
1996 10,859,550,000
1997 11,403,450,000
1998 10,675,740,000
1999 10,173,080,000
2000 10,118,300,000
2001 10,315,000,000
2002 10,721,500,000
2003 11,318,400,000
2004 12,011,800,000
2005 12,679,000,000
2006 13,128,400,000
2007 13,796,800,000
2008 12,759,600,000
2009 12,223,500,000
2010 12,753,200,000
2011 13,379,300,000
2012 13,792,800,000
2013 13,783,900,000
2014 15,224,000,000
2015 16,480,900,000
2016 17,184,100,000
2017 17,763,300,000
2018 18,673,000,000
2019 19,448,200,000
2020 16,920,500,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts