Latin America and Caribbean Compared by Economy > Net taxes

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.".

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#	COUNTRY	AMOUNT	DATE
1	Brazil	220.72 billion	2009
2	Mexico	36.18 billion	2009
3	Venezuela	24.94 billion	2009
4	Argentina	23.55 billion	2009
5	Colombia	19.74 billion	2009
6	Cuba	11.28 billion	2008
7	Peru	9.93 billion	2009
8	Chile	9.11 billion	2009
9	Uruguay	3.85 billion	2009
10	Dominican Republic	3.57 billion	2009
11	Ecuador	3.53 billion	2009
12	Bolivia	3.36 billion	2009
13	Costa Rica	2.81 billion	2009
14	Guatemala	2.34 billion	2009
15	Jamaica	1.62 billion	2007
16	Panama	1.6 billion	2009
17	Paraguay	1.39 billion	2009
18	Honduras	1.07 billion	2009
19	El Salvador	909.2 million	2009
20	Nicaragua	706.39 million	2009
21	Barbados	553.5 million	2005
22	Bermuda	245.9 million	2008
23	Guyana	222.61 million	2008
24	Suriname	192.63 million	2008
25	Saint Lucia	179.09 million	2009
26	Belize	176.8 million	2008
27	Antigua and Barbuda	169.18 million	2009
28	The Bahamas	162.11 million	2006
29	Saint Vincent and the Grenadines	109.5 million	2009
30	Saint Kitts and Nevis	99.89 million	2009
31	Grenada	97.37 million	2009
32	Dominica	91.77 million	2009
33	Trinidad and Tobago	52.78 million	2009

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