Equatorial Guinea - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Equatorial Guinea was $119,214,200 as of 2020. Over the past 15 years, the value for this indicator has fluctuated between $166,866,500 in 2016 and ($65,579,440) in 2012.

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
2005 $63,399,360
2006 $35,424,270
2007 $54,485,310
2008 ($15,515,670)
2009 $114,154,100
2010 $55,809,060
2011 ($53,909,970)
2012 ($65,579,440)
2013 $25,379,650
2014 $140,654,100
2015 $165,292,000
2016 $166,866,500
2017 $138,539,700
2018 $124,089,400
2019 $134,933,500
2020 $119,214,200

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts