Nicaragua - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Nicaragua was 37,611,700,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 37,611,700,000 in 2019 and a minimum value of 18,180,000 in 1990.

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
1990 18,180,000
1991 726,940,000
1992 1,013,630,000
1993 1,107,240,000
1994 1,326,470,000
1995 2,219,520,000
1996 2,602,760,000
1997 3,175,820,000
1998 3,735,600,000
1999 4,585,400,000
2000 5,080,270,000
2001 4,987,000,000
2002 5,472,911,000
2003 6,333,085,000
2004 7,376,807,000
2005 8,826,000,000
2006 10,491,000,000
2007 12,124,140,000
2008 13,523,620,000
2009 13,315,820,000
2010 15,893,830,000
2011 18,945,850,000
2012 22,035,410,000
2013 23,989,750,000
2014 27,139,390,000
2015 30,486,470,000
2016 33,771,590,000
2017 37,315,200,000
2018 32,746,170,000
2019 37,611,700,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Nicaragua was 45.94 as of 2019. Its highest value over the past 29 years was 58.20 in 1997, while its lowest value was 31.70 in 1991.

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.

See also:

Year Value
1990 35.25
1991 31.70
1992 44.38
1993 37.18
1994 43.10
1995 52.11
1996 54.67
1997 58.20
1998 56.93
1999 52.92
2000 53.98
2001 53.30
2002 54.26
2003 51.78
2004 50.51
2005 50.63
2006 49.47
2007 49.50
2008 50.01
2009 49.43
2010 52.27
2011 50.26
2012 50.37
2013 51.37
2014 50.42
2015 49.48
2016 47.97
2017 48.07
2018 45.18
2019 45.94

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Nicaragua was 12.04 as of 2019. Its highest value over the past 25 years was 12.24 in 2012, while its lowest value was 7.29 in 1994.

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, and World Bank and OECD value added estimates.

See also:

Year Value
1994 7.29
1995 10.35
1996 10.65
1997 11.27
1998 11.20
1999 11.36
2000 11.22
2001 9.71
2002 10.22
2003 10.84
2004 11.12
2005 11.78
2006 11.83
2007 11.95
2008 10.97
2009 10.48
2010 11.53
2011 12.07
2012 12.24
2013 11.98
2014 11.95
2015 11.80
2016 11.80
2017 11.99
2018 10.48
2019 12.04

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance