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
1968 2274100
1969 2370800
1970 2757900
1971 2806300
1972 2612800
1973 2612800
1974 3290100
1975 4451400
1976 4548100
1977 5032000
1978 4451400
1979 6290000
1980 7741500
1981 8128600
1982 9386600
1983 19644100
1984 18176100
1985 21294900
1986 5687100
1987 31645300
1988 18329000
1989 47406100
1990 32236600
1991 58292600
1992 86919700
1993 132858700
1994 353680300
1995 759163900
1996 1678279800
1997 3693754000
1998 4334274000
1999 4706007000
2000 5241597000
2001 6120684000
2002 6735602000
2003 7142245000
2004 16785687000
2005 24769563000
2006 31774879000
2007 37346953000
2008 43574401000
2009 53841517000
2010 73052147000
2011 104774819000
2012 135905487000
2013 194752808000
2014 330640928000
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