Kosovo - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Kosovo was $1,345,959,000 as of 2020. Over the past 12 years, the value for this indicator has fluctuated between $1,525,424,000 in 2018 and $848,617,700 in 2009.

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
2008 $867,145,200
2009 $848,617,700
2010 $942,891,400
2011 $1,204,807,000
2012 $1,138,823,000
2013 $1,184,383,000
2014 $1,283,370,000
2015 $1,179,854,000
2016 $1,317,329,000
2017 $1,412,655,000
2018 $1,525,424,000
2019 $1,519,858,000
2020 $1,345,959,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Kosovo was 1,181,079,000 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 1,357,537,000 in 2019 and a minimum value of 592,000,000 in 2008.

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
2008 592,000,000
2009 610,835,000
2010 711,223,000
2011 865,533,000
2012 886,346,000
2013 891,722,000
2014 965,993,000
2015 1,063,402,000
2016 1,190,075,000
2017 1,250,482,000
2018 1,291,729,000
2019 1,357,537,000
2020 1,181,079,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Kosovo was 873,387,900 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 999,065,900 in 2019 and a minimum value of 592,000,000 in 2008.

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
2008 592,000,000
2009 595,948,000
2010 638,139,100
2011 733,584,100
2012 750,863,100
2013 753,657,800
2014 791,868,900
2015 832,584,800
2016 906,761,800
2017 937,538,700
2018 953,549,400
2019 999,065,900
2020 873,387,900

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts