Luxembourg - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Luxembourg was $5,622,639,000 as of 2011. Over the past 46 years, the value for this indicator has fluctuated between $5,622,639,000 in 2011 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 $45,289,220
1971 $69,623,500
1972 $99,590,370
1973 $134,575,500
1974 $139,733,400
1975 $191,653,200
1976 $198,133,500
1977 $221,354,600
1978 $278,879,500
1979 $311,594,600
1980 $399,517,300
1981 $337,095,400
1982 $315,920,000
1983 $359,464,200
1984 $363,469,900
1985 $373,599,400
1986 $532,757,400
1987 $691,894,800
1988 $772,523,000
1989 $825,801,000
1990 $1,055,563,000
1991 $1,208,900,000
1992 $1,340,600,000
1993 $1,489,957,000
1994 $1,624,265,000
1995 $1,963,875,000
1996 $1,905,928,000
1997 $1,869,531,000
1998 $1,979,440,000
1999 $2,194,225,000
2000 $2,190,160,000
2001 $2,057,539,000
2002 $2,305,759,000
2003 $2,933,409,000
2004 $3,682,678,000
2005 $3,990,822,000
2006 $4,210,171,000
2007 $5,041,210,000
2008 $5,512,433,000
2009 $5,056,380,000
2010 $4,948,290,000
2011 $5,622,639,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Luxembourg was 4,048,300,000 as of 2011. As the graph below shows, over the past 46 years this indicator reached a maximum value of 4,048,300,000 in 2011 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 56,135,990
1971 84,348,860
1972 108,663,000
1973 130,026,900
1974 134,926,600
1975 174,730,200
1976 189,613,700
1977 196,673,500
1978 217,721,200
1979 226,467,000
1980 289,610,100
1981 310,262,600
1982 357,810,900
1983 455,620,900
1984 520,634,300
1985 549,900,900
1986 589,975,600
1987 640,348,700
1988 704,154,700
1989 806,642,400
1990 874,428,500
1991 1,023,334,000
1992 1,068,458,000
1993 1,277,787,000
1994 1,347,165,000
1995 1,435,200,000
1996 1,462,800,000
1997 1,657,900,000
1998 1,781,100,000
1999 2,059,500,000
2000 2,377,200,000
2001 2,299,300,000
2002 2,450,100,000
2003 2,599,000,000
2004 2,965,900,000
2005 3,209,100,000
2006 3,356,100,000
2007 3,683,300,000
2008 3,763,200,000
2009 3,639,800,000
2010 3,760,700,000
2011 4,048,300,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Luxembourg was 3,763,900,000 as of 2011. As the graph below shows, over the past 41 years this indicator reached a maximum value of 3,763,900,000 in 2011 and a minimum value of 719,110,100 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 719,110,100
1971 767,555,800
1972 808,950,000
1973 881,357,200
1974 894,023,600
1975 953,699,100
1976 994,375,200
1977 1,046,477,000
1978 1,122,018,000
1979 1,092,180,000
1980 1,087,741,000
1981 1,184,828,000
1982 1,151,399,000
1983 1,217,604,000
1984 1,328,859,000
1985 1,335,282,000
1986 1,318,095,000
1987 1,416,350,000
1988 1,440,489,000
1989 1,629,463,000
1990 1,726,311,000
1991 1,934,819,000
1992 1,888,888,000
1993 1,858,267,000
1994 1,768,429,000
1995 1,692,200,000
1996 1,725,700,000
1997 1,957,500,000
1998 2,104,400,000
1999 2,346,600,000
2000 2,733,100,000
2001 2,623,300,000
2002 2,767,200,000
2003 2,835,300,000
2004 3,082,300,000
2005 3,209,100,000
2006 3,253,600,000
2007 3,413,800,000
2008 3,571,000,000
2009 3,476,100,000
2010 3,545,600,000
2011 3,763,900,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts