St. Vincent and the Grenadines - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in St. Vincent and the Grenadines was $109,819,800 as of 2014. Over the past 37 years, the value for this indicator has fluctuated between $113,692,200 in 2008 and $5,444,445 in 1977.

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
1977 $5,444,445
1978 $6,651,852
1979 $8,122,222
1980 $9,074,074
1981 $11,888,890
1982 $15,074,070
1983 $15,111,110
1984 $18,114,810
1985 $21,803,700
1986 $24,333,330
1987 $26,248,150
1988 $31,362,960
1989 $30,214,810
1990 $32,518,520
1991 $32,111,110
1992 $33,381,480
1993 $35,985,180
1994 $36,166,670
1995 $41,974,080
1996 $44,674,080
1997 $46,185,180
1998 $48,466,670
1999 $52,685,180
2000 $52,870,000
2001 $57,551,480
2002 $62,550,000
2003 $66,585,560
2004 $70,180,370
2005 $71,549,520
2006 $87,518,650
2007 $67,020,520
2008 $113,692,200
2009 $109,767,900
2010 $104,756,100
2011 $100,143,300
2012 $103,107,400
2013 $103,348,200
2014 $109,819,800

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in St. Vincent and the Grenadines was 296,513,400 as of 2014. As the graph below shows, over the past 37 years this indicator reached a maximum value of 306,969,000 in 2008 and a minimum value of 14,700,000 in 1977.

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
1977 14,700,000
1978 17,960,000
1979 21,930,000
1980 24,500,000
1981 32,100,000
1982 40,700,000
1983 40,800,000
1984 48,910,000
1985 58,870,000
1986 65,700,000
1987 70,870,000
1988 84,680,000
1989 81,580,000
1990 87,800,000
1991 86,700,000
1992 90,130,000
1993 97,160,000
1994 97,650,000
1995 113,330,000
1996 120,620,000
1997 124,700,000
1998 130,860,000
1999 142,250,000
2000 142,749,000
2001 155,389,000
2002 168,885,000
2003 179,781,000
2004 189,487,000
2005 193,183,700
2006 236,300,400
2007 180,955,400
2008 306,969,000
2009 296,373,400
2010 282,841,400
2011 270,386,900
2012 278,390,000
2013 279,040,200
2014 296,513,400

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in St. Vincent and the Grenadines was 254,707,900 as of 2014. As the graph below shows, over the past 37 years this indicator reached a maximum value of 283,100,500 in 2008 and a minimum value of 53,242,830 in 1977.

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
1977 53,242,830
1978 57,923,310
1979 62,576,330
1980 61,838,000
1981 68,364,140
1982 81,267,700
1983 77,449,170
1984 89,601,420
1985 106,163,200
1986 113,288,500
1987 112,438,900
1988 134,058,400
1989 122,416,100
1990 122,591,300
1991 115,481,100
1992 117,080,900
1993 127,739,300
1994 125,410,300
1995 143,664,900
1996 147,641,400
1997 150,590,600
1998 153,111,400
1999 163,468,700
2000 164,392,800
2001 167,715,400
2002 180,446,800
2003 198,306,200
2004 200,946,300
2005 199,001,500
2006 236,300,800
2007 166,918,300
2008 283,100,500
2009 275,721,700
2010 251,925,000
2011 241,619,300
2012 246,089,000
2013 241,142,500
2014 254,707,900

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts