Barbados - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Barbados was $798,085,600 as of 2019. Over the past 44 years, the value for this indicator has fluctuated between $817,750,000 in 2017 and $42,639,980 in 1976.

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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 $55,342,800
1976 $42,639,980
1977 $51,580,130
1978 $63,449,010
1979 $75,672,450
1980 $96,803,060
1981 $98,642,670
1982 $102,321,900
1983 $106,249,700
1984 $113,459,000
1985 $114,005,900
1986 $173,370,500
1987 $206,234,800
1988 $214,587,600
1989 $257,296,300
1990 $214,537,900
1991 $215,780,800
1992 $222,000,000
1993 $252,075,800
1994 $256,252,200
1995 $292,248,800
1996 $300,104,400
1997 $342,713,700
1998 $448,366,700
1999 $464,923,200
2000 $466,550,000
2001 $493,450,000
2002 $474,800,000
2003 $513,300,000
2004 $560,000,000
2005 $620,600,000
2006 $622,766,500
2007 $622,766,500
2008 $640,924,700
2009 $579,450,000
2010 $593,423,700
2011 $679,561,000
2012 $622,413,900
2013 $647,632,000
2014 $616,150,000
2015 $665,115,000
2016 $738,140,000
2017 $817,750,000
2018 $816,890,000
2019 $798,085,600

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts