Denmark - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Denmark was $46,207,000,000 as of 2020. Over the past 54 years, the value for this indicator has fluctuated between $50,218,200,000 in 2008 and $1,282,661,000 in 1966.

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
1966 $1,282,661,000
1967 $1,481,726,000
1968 $1,667,930,000
1969 $1,909,656,000
1970 $2,088,863,000
1971 $2,246,877,000
1972 $2,781,611,000
1973 $3,448,473,000
1974 $3,650,178,000
1975 $4,258,223,000
1976 $5,058,045,000
1977 $5,934,191,000
1978 $7,660,735,000
1979 $9,589,308,000
1980 $9,610,748,000
1981 $8,379,667,000
1982 $7,837,697,000
1983 $8,122,437,000
1984 $7,975,393,000
1985 $8,692,887,000
1986 $13,287,960,000
1987 $15,915,510,000
1988 $16,607,390,000
1989 $15,414,980,000
1990 $18,232,840,000
1991 $18,124,600,000
1992 $19,673,850,000
1993 $18,052,240,000
1994 $20,690,320,000
1995 $24,830,910,000
1996 $26,128,860,000
1997 $24,539,900,000
1998 $26,177,810,000
1999 $26,133,070,000
2000 $22,737,410,000
2001 $22,877,860,000
2002 $25,162,950,000
2003 $30,500,320,000
2004 $35,833,030,000
2005 $39,742,830,000
2006 $42,645,810,000
2007 $48,465,300,000
2008 $50,218,200,000
2009 $44,246,660,000
2010 $44,128,660,000
2011 $47,145,660,000
2012 $44,698,650,000
2013 $46,333,040,000
2014 $46,714,950,000
2015 $40,016,870,000
2016 $41,396,610,000
2017 $43,327,320,000
2018 $47,217,000,000
2019 $44,820,320,000
2020 $46,207,000,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Denmark was 302,293,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 302,293,000,000 in 2020 and a minimum value of 8,859,521,000 in 1966.

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
1966 8,859,521,000
1967 10,307,690,000
1968 12,509,480,000
1969 14,322,420,000
1970 15,666,470,000
1971 16,685,980,000
1972 19,330,250,000
1973 20,861,540,000
1974 22,247,470,000
1975 24,468,600,000
1976 30,575,880,000
1977 35,624,140,000
1978 42,245,890,000
1979 50,449,350,000
1980 54,165,210,000
1981 59,691,720,000
1982 65,306,820,000
1983 74,279,690,000
1984 82,597,950,000
1985 92,113,300,000
1986 107,513,000,000
1987 108,867,000,000
1988 111,793,000,000
1989 112,687,000,000
1990 112,836,000,000
1991 115,934,000,000
1992 118,753,000,000
1993 117,049,000,000
1994 131,603,000,000
1995 139,113,000,000
1996 151,513,000,000
1997 162,074,000,000
1998 175,412,000,000
1999 182,309,000,000
2000 183,789,000,000
2001 190,408,000,000
2002 198,654,000,000
2003 200,927,000,000
2004 214,679,000,000
2005 238,334,000,000
2006 253,606,000,000
2007 263,831,000,000
2008 256,017,000,000
2009 237,202,000,000
2010 248,183,000,000
2011 253,111,000,000
2012 258,916,000,000
2013 260,221,000,000
2014 262,186,000,000
2015 269,230,000,000
2016 278,670,000,000
2017 286,086,000,000
2018 298,157,000,000
2019 298,927,000,000
2020 302,293,000,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Denmark was 298,840,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 298,982,000,000 in 2019 and a minimum value of 98,817,850,000 in 1966.

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
1966 98,817,850,000
1967 114,953,000,000
1968 124,956,000,000
1969 131,815,000,000
1970 134,049,000,000
1971 131,390,000,000
1972 133,075,000,000
1973 145,337,000,000
1974 133,438,000,000
1975 137,074,000,000
1976 151,523,000,000
1977 152,820,000,000
1978 156,098,000,000
1979 159,316,000,000
1980 154,063,000,000
1981 147,752,000,000
1982 151,672,000,000
1983 158,076,000,000
1984 163,701,000,000
1985 172,786,000,000
1986 195,908,000,000
1987 191,793,000,000
1988 176,186,000,000
1989 170,829,000,000
1990 167,685,000,000
1991 172,529,000,000
1992 178,562,000,000
1993 172,619,000,000
1994 190,393,000,000
1995 194,765,000,000
1996 204,781,000,000
1997 213,235,000,000
1998 221,544,000,000
1999 223,797,000,000
2000 220,021,000,000
2001 221,584,000,000
2002 224,734,000,000
2003 225,725,000,000
2004 241,340,000,000
2005 257,405,000,000
2006 268,580,000,000
2007 277,206,000,000
2008 267,006,000,000
2009 246,506,000,000
2010 251,607,000,000
2011 251,648,000,000
2012 252,348,000,000
2013 254,930,000,000
2014 260,249,000,000
2015 269,230,000,000
2016 279,214,000,000
2017 284,355,000,000
2018 294,641,000,000
2019 298,982,000,000
2020 298,840,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts