Marshall Islands - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Marshall Islands was $3,700,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between $16,133,600 in 2001 and $3,700,000 in 2020.

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
1997 $15,522,500
1998 $13,972,500
1999 $15,152,800
2000 $10,994,600
2001 $16,133,600
2002 $13,266,600
2003 $12,945,100
2004 $10,719,800
2005 $13,320,700
2006 $11,897,300
2007 $10,511,300
2008 $8,351,600
2009 $6,090,000
2010 $9,946,800
2011 $10,471,000
2012 $7,632,000
2013 $9,779,900
2014 $10,297,900
2015 $6,972,700
2016 $6,935,100
2017 $6,732,000
2018 $7,633,600
2019 $4,034,400
2020 $3,700,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts