Cayman Islands - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Cayman Islands was $340,974,000 as of 2019. Over the past 13 years, the value for this indicator has fluctuated between $340,974,000 in 2019 and $208,342,700 in 2010.

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
2006 $268,372,800
2007 $253,117,600
2008 $258,893,800
2009 $209,039,100
2010 $208,342,700
2011 $232,096,500
2012 $241,213,500
2013 $243,957,500
2014 $247,787,800
2015 $243,792,900
2016 $267,776,200
2017 $272,975,600
2018 $336,590,400
2019 $340,974,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts