Venezuela, RB | Taxes less subsidies on products (current 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 current local currency.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | Taxes less subsidies on products (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
2274100 1968
2370800 1969
2757900 1970
2806300 1971
2612800 1972
2612800 1973
3290100 1974
4451400 1975
4548100 1976
5032000 1977
4451400 1978
6290000 1979
7741500 1980
8128600 1981
9386600 1982
19644100 1983
18176100 1984
21294900 1985
5687100 1986
31645300 1987
18329000 1988
47406100 1989
32236600 1990
58292600 1991
86919700 1992
132858700 1993
353680300 1994
759163900 1995
1678279800 1996
3693754000 1997
4334274000 1998
4706007000 1999
5241597000 2000
6120684000 2001
6735602000 2002
7142245000 2003
16785687000 2004
24769563000 2005
31774879000 2006
37346953000 2007
43574401000 2008
53841517000 2009
73052147000 2010
104774819000 2011
135905487000 2012
194752808000 2013
330640928000 2014
2015
2016
2017
2018
2019
2020
2021
2022
Venezuela, RB | Taxes less subsidies on products (current 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 current local currency.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source