Palau - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Palau was $28,100,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $34,000,000 in 2017 and $12,758,800 in 2000.

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
2000 $12,758,800
2001 $13,530,900
2002 $13,129,600
2003 $13,228,300
2004 $16,055,500
2005 $18,687,100
2006 $17,757,000
2007 $18,022,600
2008 $19,238,600
2009 $15,982,900
2010 $17,381,200
2011 $19,943,200
2012 $24,339,600
2013 $25,010,400
2014 $28,620,900
2015 $30,712,500
2016 $31,500,000
2017 $34,000,000
2018 $31,300,000
2019 $31,000,000
2020 $28,100,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts