Greenland - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Greenland was $115,362,700 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between $122,145,500 in 2018 and $35,460,020 in 2003.

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
2003 $35,460,020
2004 $46,001,570
2005 $56,996,120
2006 $63,059,120
2007 $77,998,420
2008 $86,855,890
2009 $79,520,230
2010 $72,473,820
2011 $77,821,450
2012 $84,764,780
2013 $78,806,330
2014 $97,033,410
2015 $74,480,900
2016 $93,884,160
2017 $96,548,490
2018 $122,145,500
2019 $115,362,700

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts