Tax Value Added (VAF) is an economic-accounting indicator used by the State to calculate the municipal participation index in the transfer of revenue from the Tax on Operations related to the Circulation of Goods and on the Provision of Interstate and Intermunicipal Transport and Communication Services (ICMS) and the Tax on Industrialized Products (IPI) to municipalities. It is determined based on annual statements from companies established in the respective cities.
In 2020, the Municipality had a VAF of 2.2 billion reais against 748.6 thousand in 2011. VAF grew 204.0% in this period, against a growth of 94.8% in the State of Paraná and 77 .3% in Brasil.
Table – VAF
|
In R$ 1.000,00 |
In US$ 1.000,00 | |||||
| Year | Fazenda Rio Grande | Paraná | Brasil | Fazenda Rio Grande | Paraná |
Brasil |
| …2011 | 748,628 | 218,851,113 | 3,720,461,000 | 148,243 | 43,336,854 | 736,724,950 |
| …2012 | 828,805 | 242,927,258 | 4,094,259,000 | 164,120 | 48,104,408 | 810,744,356 |
| …2013 | 1,078,754 | 287,678,617 | 4,553,760,000 | 213,615 | 56,966,063 | 901,734,653 |
| …2014 | 1,293,618 | 301,106,704 | 4,972,734,000 | 256,162 | 59,625,090 | 984,699,802 |
| …2015 | 1,438,534 | 326,630,550 | 5,155,601,000 | 284,858 | 64,679,317 | 1,020,911,089 |
| …2016 | 1,686,110 | 351,329,557 | 5,419,822,000 | 333,883 | 69,570,209 | 1,073,232,079 |
| …2017 | 1,906,507 | 366,028,416 | 5,671,926,000 | 377,526 | 72,480,874 | 1,123,153,663 |
| …2018 | 2,015,853 | 382,568,113 | 6,011,150,000 | 399,179 | 75,756,062 | 1,190,326,733 |
| …2019 | 2,019,045 | 405,628,787 | 6,356,684,000 | 399,811 | 80,322,532 | 1,258,749,307 |
| …2020 | 2,275,994 | 426,369,453 | 6,594,937,000 | 450,692 | 84,429,595 | 1,305,928,119 |
Source: Brazilian Institute of Geography and Statistics – IBGE
Note: Quotation 1 dollar = BRL 5.05 in October 2023
Graph – Evolution of VAF in % – 2011 – 2020
Source: Brazilian Institute of Geography and Statistics – IBGE
