Nicaragua - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Nicaragua was $1,239,336,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between $1,365,939,000 in 2017 and $420,000,600 in 1994.

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
1994 $420,000,600
1995 $460,142,500
1996 $489,230,300
1997 $531,007,600
1998 $592,651,600
1999 $611,186,800
2000 $630,412,400
2001 $605,928,100
2002 $609,238,200
2003 $623,557,500
2004 $704,181,000
2005 $824,170,400
2006 $640,154,300
2007 $704,021,700
2008 $754,243,500
2009 $718,349,800
2010 $815,868,400
2011 $929,212,900
2012 $1,031,842,000
2013 $1,071,528,000
2014 $1,145,601,000
2015 $1,222,255,000
2016 $1,305,332,000
2017 $1,365,939,000
2018 $1,129,334,000
2019 $1,233,877,000
2020 $1,239,336,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts