Grenada - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Grenada was $109,348,100 as of 2013. Over the past 36 years, the value for this indicator has fluctuated between $110,546,300 in 2011 and $8,592,592 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 $8,592,592
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 $41,703,700
1994 $41,555,560
1995 $42,851,850
1996 $48,948,150
1997 $53,333,330
1998 $55,562,960
1999 $69,003,700
2000 $71,403,700
2001 $67,251,850
2002 $70,348,140
2003 $81,229,630
2004 $78,370,590
2005 $95,158,440
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 $109,348,100

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Grenada was 295,239,900 as of 2013. As the graph below shows, over the past 36 years this indicator reached a maximum value of 298,474,900 in 2011 and a minimum value of 23,200,000 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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1977 23,200,000
1978 31,100,000
1979 36,600,000
1980 34,400,000
1981 35,900,000
1982 42,800,000
1983 48,400,000
1984 51,500,000
1985 65,000,000
1986 68,400,000
1987 85,600,000
1988 98,500,000
1989 115,000,000
1990 119,100,000
1991 123,400,000
1992 120,500,000
1993 112,600,000
1994 112,200,000
1995 115,700,000
1996 132,160,000
1997 144,000,000
1998 150,020,000
1999 186,310,000
2000 192,790,000
2001 181,580,000
2002 189,940,000
2003 219,320,000
2004 211,600,600
2005 256,927,800
2006 264,769,400
2007 284,832,700
2008 296,049,400
2009 257,503,800
2010 284,470,000
2011 298,474,900
2012 295,758,100
2013 295,239,900

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Grenada was 250,671,800 as of 2013. As the graph below shows, over the past 36 years this indicator reached a maximum value of 278,375,900 in 2007 and a minimum value of 78,355,100 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1977 78,355,100
1978 87,406,200
1979 94,066,500
1980 82,438,200
1981 82,546,900
1982 95,292,900
1983 104,359,600
1984 106,967,800
1985 125,302,900
1986 127,072,800
1987 152,223,400
1988 164,177,700
1989 176,085,500
1990 184,903,700
1991 179,345,700
1992 168,105,600
1993 152,673,700
1994 152,456,300
1995 151,617,900
1996 167,593,300
1997 178,693,700
1998 183,252,100
1999 226,127,000
2000 216,100,900
2001 199,262,900
2002 207,664,200
2003 239,970,800
2004 226,915,600
2005 268,894,400
2006 264,769,400
2007 278,375,900
2008 268,285,300
2009 233,376,700
2010 256,585,300
2011 268,617,200
2012 256,113,100
2013 250,671,800

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts