Gabon - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Gabon was $1,054,497,000 as of 2020. Over the past 19 years, the value for this indicator has fluctuated between $1,512,596,000 in 2014 and $412,121,700 in 2001.

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
2001 $412,121,700
2002 $430,846,600
2003 $530,098,900
2004 $524,276,600
2005 $529,727,000
2006 $485,518,000
2007 $806,054,800
2008 $785,580,700
2009 $931,648,200
2010 $1,215,822,000
2011 $1,486,575,000
2012 $1,416,115,000
2013 $1,442,901,000
2014 $1,512,596,000
2015 $1,219,048,000
2016 $1,156,438,000
2017 $987,919,400
2018 $1,065,807,000
2019 $1,062,468,000
2020 $1,054,497,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Gabon was 606,954,000,000 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 746,855,000,000 in 2014 and a minimum value of 253,647,000,000 in 2006.

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
2001 301,837,000,000
2002 298,884,000,000
2003 307,403,000,000
2004 276,471,000,000
2005 279,303,000,000
2006 253,647,000,000
2007 385,805,000,000
2008 350,369,000,000
2009 438,148,000,000
2010 601,582,000,000
2011 700,546,000,000
2012 723,007,000,000
2013 712,648,000,000
2014 746,855,000,000
2015 720,715,000,000
2016 685,312,000,000
2017 573,642,000,000
2018 591,999,000,000
2019 622,512,000,000
2020 606,954,000,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Gabon was 518,656,000,000 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 560,380,000,000 in 2015 and a minimum value of 291,813,000,000 in 2004.

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
2001 301,837,000,000
2002 296,478,000,000
2003 300,537,000,000
2004 291,813,000,000
2005 317,338,000,000
2006 311,272,000,000
2007 381,598,000,000
2008 373,237,000,000
2009 463,684,000,000
2010 450,458,000,000
2011 478,386,000,000
2012 502,514,000,000
2013 527,072,000,000
2014 557,037,000,000
2015 560,380,000,000
2016 559,539,000,000
2017 513,682,000,000
2018 522,640,000,000
2019 527,476,000,000
2020 518,656,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts