Kiribati - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Kiribati was $7,109,258 as of 2019. Over the past 42 years, the value for this indicator has fluctuated between $16,191,890 in 1988 and ($5,382,434) in 2017.

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 ($119,761)
1978 $2,632,483
1979 $2,178,627
1980 $12,037,120
1981 $12,262,700
1982 $10,853,030
1983 $9,293,694
1984 $15,541,900
1985 $13,416,440
1986 $14,366,310
1987 $13,459,600
1988 $16,191,890
1989 $15,783,650
1990 $15,983,920
1991 $2,524,381
1992 $425,529
1993 $1,439,753
1994 $1,622,533
1995 $1,974,277
1996 $3,139,135
1997 $4,404,038
1998 $2,846,715
1999 $1,263,871
2000 $7,572,530
2001 $6,105,824
2002 $8,202,108
2003 $9,116,999
2004 $10,991,840
2005 $15,287,820
2006 $7,378,765
2007 $10,030,960
2008 $7,410,670
2009 $7,633,755
2010 $7,014,585
2011 $6,831,357
2012 $7,985,090
2013 $8,324,001
2014 $5,480,440
2015 $9,557,509
2016 $152,394
2017 ($5,382,434)
2018 ($1,737,149)
2019 $7,109,258

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts