Sri Lanka - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Sri Lanka was $3,088,730,000 as of 2011. Over the past 51 years, the value for this indicator has fluctuated between $3,088,730,000 in 2011 and $23,603,780 in 1960.

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
1960 $23,603,780
1961 $171,127,400
1962 $124,259,800
1963 $83,400,020
1964 $59,796,240
1965 $111,134,500
1966 $132,142,900
1967 $155,144,000
1968 $111,596,600
1969 $151,260,500
1970 $111,596,600
1971 $94,435,070
1972 $119,765,500
1973 $88,593,750
1974 $99,097,740
1975 $106,847,400
1976 $107,728,900
1977 $113,190,500
1978 $156,246,000
1979 $207,578,700
1980 $327,646,700
1981 $367,324,700
1982 $362,229,700
1983 $438,376,500
1984 $499,960,700
1985 $617,562,600
1986 $673,518,900
1987 $763,858,700
1988 $728,858,900
1989 $767,295,400
1990 $885,921,100
1991 $948,271,700
1992 $1,029,751,000
1993 $1,086,693,000
1994 $1,224,970,000
1995 $1,320,605,000
1996 $1,313,950,000
1997 $1,452,687,000
1998 $1,561,164,000
1999 $1,605,832,000
2000 $1,704,008,000
2001 $1,810,237,000
2011 $3,088,730,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Sri Lanka was 341,521,000,000 as of 2011. As the graph below shows, over the past 51 years this indicator reached a maximum value of 341,521,000,000 in 2011 and a minimum value of 112,354,000 in 1960.

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
1960 112,354,000
1961 814,566,400
1962 603,902,700
1963 496,230,100
1964 355,787,600
1965 529,000,000
1966 629,000,000
1967 754,000,000
1968 664,000,000
1969 900,000,000
1970 664,000,000
1971 560,000,000
1972 715,000,000
1973 567,000,000
1974 659,000,000
1975 749,000,000
1976 906,000,000
1977 1,004,000,000
1978 2,439,000,000
1979 3,232,000,000
1980 5,416,000,000
1981 7,071,000,000
1982 7,538,000,000
1983 10,315,000,000
1984 12,719,000,000
1985 16,773,000,000
1986 18,872,000,000
1987 22,488,000,000
1988 23,185,000,000
1989 27,661,000,000
1990 35,490,000,000
1991 39,230,000,000
1992 45,134,000,000
1993 52,509,000,000
1994 60,538,000,000
1995 67,681,000,000
1996 72,622,000,000
1997 85,694,000,000
1998 100,617,000,000
1999 113,436,000,000
2000 131,226,000,000
2001 161,799,000,000
2011 341,521,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts