Luxembourg - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Luxembourg was $6,410,995,000 as of 2013. Over the past 48 years, the value for this indicator has fluctuated between $6,410,995,000 in 2013 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 $45,325,450
1971 $69,679,160
1972 $99,669,970
1973 $134,683,100
1974 $139,845,100
1975 $191,806,300
1976 $198,291,900
1977 $221,531,500
1978 $279,102,500
1979 $311,843,700
1980 $399,836,500
1981 $337,364,800
1982 $316,172,400
1983 $359,751,500
1984 $363,760,400
1985 $373,898,000
1986 $533,183,200
1987 $692,447,900
1988 $773,140,400
1989 $826,461,000
1990 $1,056,407,000
1991 $1,209,866,000
1992 $1,341,672,000
1993 $1,491,148,000
1994 $1,625,563,000
1995 $1,965,445,000
1996 $1,907,452,000
1997 $1,871,025,000
1998 $1,981,022,000
1999 $2,195,979,000
2000 $2,191,911,000
2001 $2,075,347,000
2002 $2,303,407,000
2003 $2,952,031,000
2004 $3,684,789,000
2005 $4,007,859,000
2006 $4,166,767,000
2007 $5,106,773,000
2008 $5,502,621,000
2009 $5,113,612,000
2010 $5,062,480,000
2011 $5,828,831,000
2012 $5,748,602,000
2013 $6,410,995,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Luxembourg was 4,828,500,000 as of 2013. As the graph below shows, over the past 48 years this indicator reached a maximum value of 4,828,500,000 in 2013 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 56,180,900
1971 84,416,300
1972 108,749,900
1973 130,130,800
1974 135,034,400
1975 174,869,800
1976 189,765,300
1977 196,830,700
1978 217,895,300
1979 226,648,000
1980 289,841,500
1981 310,510,600
1982 358,096,900
1983 455,985,000
1984 521,050,400
1985 550,340,400
1986 590,447,100
1987 640,860,500
1988 704,717,500
1989 807,287,100
1990 875,127,400
1991 1,024,152,000
1992 1,069,312,000
1993 1,278,808,000
1994 1,348,242,000
1995 1,436,347,000
1996 1,463,969,000
1997 1,659,225,000
1998 1,782,524,000
1999 2,061,146,000
2000 2,379,100,000
2001 2,319,200,000
2002 2,447,600,000
2003 2,615,500,000
2004 2,967,600,000
2005 3,222,800,000
2006 3,321,500,000
2007 3,731,200,000
2008 3,756,500,000
2009 3,681,000,000
2010 3,822,400,000
2011 4,193,000,000
2012 4,474,100,000
2013 4,828,500,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Luxembourg was 4,164,200,000 as of 2013. As the graph below shows, over the past 43 years this indicator reached a maximum value of 4,164,200,000 in 2013 and a minimum value of 680,774,800 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 680,774,800
1971 726,637,800
1972 765,825,300
1973 834,372,500
1974 846,363,700
1975 902,858,000
1976 941,365,600
1977 990,689,900
1978 1,062,204,000
1979 1,033,957,000
1980 1,029,754,000
1981 1,121,665,000
1982 1,090,019,000
1983 1,152,694,000
1984 1,258,018,000
1985 1,264,099,000
1986 1,247,828,000
1987 1,340,846,000
1988 1,363,697,000
1989 1,542,597,000
1990 1,634,282,000
1991 1,831,674,000
1992 1,788,192,000
1993 1,759,204,000
1994 1,674,155,000
1995 1,601,990,000
1996 1,633,704,000
1997 1,853,147,000
1998 1,992,216,000
1999 2,221,504,000
2000 2,587,400,000
2001 2,532,700,000
2002 2,694,900,000
2003 2,784,600,000
2004 3,047,000,000
2005 3,222,800,000
2006 3,229,800,000
2007 3,446,400,000
2008 3,483,600,000
2009 3,443,100,000
2010 3,515,200,000
2011 3,793,800,000
2012 3,923,700,000
2013 4,164,200,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts