Venezuela, RB | Taxes less subsidies on products (constant LCU)

Taxes less subsidies 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.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | Taxes less subsidies on products (constant LCU)
1960 844585400
1961 1011984600
1962 1124684400
1963 1269046400
1964 779983300
1965 766996800
1966 829751100
1967 836723800
1968 962232300
1969 990123200
1970 1115631700
1971 983150400
1972 885532700
1973 815805700
1974 683324400
1975 892505400
1976 857641900
1977 864614600
1978 704242500
1979 864614600
1980 822778400
1981 766996800
1982 864614600
1983 1687393000
1984 1309681900
1985 995422400
1986 1084184900
1987 804231000
1988 745451200
1989 378826700
1990 374155000
1991 670773600
1992 860779600
1993 764138000
1994 597699700
1995 747124600
1996 649925200
1997 3693754000
1998 3830175000
1999 3714843000
2000 3816046000
2001 4101519000
2002 3264989000
2003 2530603000
2004 3877500000
2005 4567159000
2006 5533538000
2007 6506928000
2008 6850588000
2009 6270995000
2010 6126246000
2011 6489571000
2012 7078015000
2013 6977225000
2014 6356064000
2015
2016
2017
2018
2019
2020
2021
2022

Venezuela, RB | Taxes less subsidies on products (constant LCU)

Taxes less subsidies 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.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source