Comoros - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Comoros was $51,145,310 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between $56,499,900 in 2018 and $26,929,750 in 2008.

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
2007 $34,487,050
2008 $26,929,750
2009 $39,595,140
2010 $41,937,970
2011 $42,318,780
2012 $46,349,430
2013 $50,290,920
2014 $52,851,870
2015 $39,543,640
2016 $46,623,480
2017 $51,332,680
2018 $56,499,900
2019 $47,339,580
2020 $51,145,310

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Comoros was 22,029,360,000 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 23,537,000,000 in 2018 and a minimum value of 9,008,000,000 in 2008.

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 local currency.

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

Year Value
2007 12,380,000,000
2008 9,008,000,000
2009 13,966,000,000
2010 15,563,000,000
2011 14,957,000,000
2012 17,748,000,000
2013 18,629,000,000
2014 19,572,000,000
2015 17,534,000,000
2016 20,722,000,000
2017 22,355,000,000
2018 23,537,000,000
2019 20,804,000,000
2020 22,029,360,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Comoros was 30,436,840,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 30,436,840,000 in 2020 and a minimum value of 7,027,000,000 in 1980.

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 constant local currency.

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

Year Value
1980 7,027,000,000
1981 7,298,000,000
1982 7,764,000,000
1983 8,138,000,000
1984 8,473,000,000
1985 8,666,000,000
1986 8,828,000,000
1987 8,973,000,000
1988 9,214,000,000
1989 8,921,000,000
1990 9,375,000,000
1991 8,869,000,000
1992 9,626,000,000
1993 9,915,000,000
1994 9,392,000,000
1995 9,731,000,000
1996 9,605,000,000
1997 9,991,999,000
1998 10,120,000,000
1999 10,315,000,000
2000 11,434,000,000
2001 11,701,000,000
2002 11,973,000,000
2003 12,225,000,000
2004 12,459,000,000
2005 12,813,000,000
2006 13,152,000,000
2007 12,380,000,000
2008 11,459,000,000
2009 19,429,920,000
2010 23,056,860,000
2011 21,767,250,000
2012 24,298,270,000
2013 25,102,770,000
2014 26,242,260,000
2015 23,254,170,000
2016 23,547,270,000
2017 25,822,230,000
2018 28,912,110,000
2019 29,749,860,000
2020 30,436,840,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts