Grenada - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Grenada was $167,570,100 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $195,306,000 in 2019 and $8,592,593 in 1977.

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
1977 $8,592,593
1978 $11,518,520
1979 $13,555,560
1980 $12,740,740
1981 $13,296,300
1982 $15,851,850
1983 $17,925,930
1984 $19,074,070
1985 $24,074,070
1986 $25,333,330
1987 $31,703,700
1988 $36,481,480
1989 $42,592,590
1990 $44,111,110
1991 $45,703,700
1992 $44,629,630
1993 $41,481,480
1994 $42,762,960
1995 $44,022,220
1996 $52,496,300
1997 $58,911,110
1998 $65,359,260
1999 $69,266,660
2000 $71,403,700
2001 $67,251,850
2002 $70,348,150
2003 $81,229,630
2004 $78,370,590
2005 $95,158,450
2006 $98,062,740
2007 $105,493,600
2008 $109,647,900
2009 $95,371,780
2010 $105,359,300
2011 $110,546,300
2012 $109,540,000
2013 $109,476,500
2014 $124,763,900
2015 $143,247,400
2016 $166,411,100
2017 $180,348,700
2018 $192,924,300
2019 $195,306,000
2020 $167,570,100

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts