Luxembourg - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Luxembourg was $6,984,059,000 as of 2014. Over the past 49 years, the value for this indicator has fluctuated between $6,984,059,000 in 2014 and $26,892,150 in 1965.

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
1965 $26,892,150
1966 $27,258,230
1967 $27,877,650
1968 $30,168,010
1969 $36,015,690
1970 $45,203,470
1971 $69,491,700
1972 $99,401,890
1973 $134,320,700
1974 $139,468,900
1975 $191,290,300
1976 $197,758,400
1977 $220,935,500
1978 $278,351,600
1979 $311,004,800
1980 $398,760,900
1981 $336,457,300
1982 $315,321,900
1983 $358,783,700
1984 $362,781,800
1985 $372,892,100
1986 $531,748,900
1987 $690,585,100
1988 $771,060,700
1989 $824,237,700
1990 $1,053,565,000
1991 $1,206,612,000
1992 $1,338,063,000
1993 $1,487,136,000
1994 $1,621,190,000
1995 $1,960,158,000
1996 $1,902,320,000
1997 $1,865,992,000
1998 $1,975,693,000
1999 $2,190,072,000
2000 $2,186,014,000
2001 $2,074,183,000
2002 $2,300,866,000
2003 $2,943,792,000
2004 $3,672,461,000
2005 $3,998,010,000
2006 $4,158,951,000
2007 $5,107,035,000
2008 $5,505,200,000
2009 $5,093,915,000
2010 $5,089,404,000
2011 $5,851,404,000
2012 $5,759,009,000
2013 $6,379,926,000
2014 $6,984,059,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Luxembourg was 5,264,100,000 as of 2014. As the graph below shows, over the past 49 years this indicator reached a maximum value of 5,264,100,000 in 2014 and a minimum value of 33,331,950 in 1965.

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
1965 33,331,950
1966 33,785,690
1967 34,553,440
1968 37,392,270
1969 44,640,280
1970 56,029,700
1971 84,189,200
1972 108,457,400
1973 129,780,700
1974 134,671,200
1975 174,399,400
1976 189,254,800
1977 196,301,200
1978 217,309,100
1979 226,038,300
1980 289,061,800
1981 309,675,300
1982 357,133,600
1983 454,758,400
1984 519,648,700
1985 548,859,900
1986 588,858,700
1987 639,136,500
1988 702,821,800
1989 805,115,400
1990 872,773,200
1991 1,021,397,000
1992 1,066,436,000
1993 1,275,368,000
1994 1,344,615,000
1995 1,432,483,000
1996 1,460,031,000
1997 1,654,762,000
1998 1,777,728,000
1999 2,055,601,000
2000 2,372,700,000
2001 2,317,900,000
2002 2,444,900,000
2003 2,608,200,000
2004 2,957,800,000
2005 3,214,800,000
2006 3,315,100,000
2007 3,731,200,000
2008 3,758,400,000
2009 3,666,600,000
2010 3,842,500,000
2011 4,209,500,000
2012 4,482,200,000
2013 4,805,100,000
2014 5,264,100,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Luxembourg was 4,866,100,000 as of 2014. As the graph below shows, over the past 44 years this indicator reached a maximum value of 4,866,100,000 in 2014 and a minimum value of 746,789,500 in 1970.

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
1970 746,789,500
1971 797,099,800
1972 840,087,300
1973 915,281,600
1974 928,435,500
1975 990,408,000
1976 1,032,650,000
1977 1,086,757,000
1978 1,165,206,000
1979 1,134,220,000
1980 1,129,609,000
1981 1,230,433,000
1982 1,195,718,000
1983 1,264,470,000
1984 1,380,008,000
1985 1,386,679,000
1986 1,368,829,000
1987 1,470,867,000
1988 1,495,935,000
1989 1,692,183,000
1990 1,792,759,000
1991 2,009,292,000
1992 1,961,593,000
1993 1,929,794,000
1994 1,836,498,000
1995 1,757,335,000
1996 1,792,124,000
1997 2,032,846,000
1998 2,185,401,000
1999 2,436,923,000
2000 2,838,300,000
2001 2,770,200,000
2002 2,907,200,000
2003 3,028,900,000
2004 3,244,700,000
2005 3,448,900,000
2006 3,478,300,000
2007 3,752,800,000
2008 3,817,700,000
2009 3,722,700,000
2010 3,842,500,000
2011 4,149,200,000
2012 4,241,600,000
2013 4,496,400,000
2014 4,866,100,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts