Tonga - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Tonga was $60,428,850 as of 2014. Over the past 34 years, the value for this indicator has fluctuated between $60,428,850 in 2014 and $7,048,509 in 1980.

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
1980 $7,048,509
1981 $8,349,805
1982 $8,798,053
1983 $8,719,820
1984 $8,857,394
1985 $9,414,065
1986 $10,544,790
1987 $12,847,640
1988 $17,732,210
1989 $16,502,190
1990 $18,121,620
1991 $22,216,570
1992 $19,297,750
1993 $22,713,150
1994 $26,077,110
1995 $27,927,450
1996 $29,235,330
1997 $29,465,770
1998 $24,193,030
1999 $23,166,780
2000 $23,645,720
2001 $20,836,030
2002 $25,394,820
2003 $30,775,490
2004 $32,359,050
2005 $37,232,060
2006 $44,502,050
2007 $48,531,740
2008 $57,075,320
2009 $41,804,670
2010 $44,254,560
2011 $52,873,160
2012 $58,791,340
2013 $57,303,940
2014 $60,428,850

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Tonga was 111,600,000 as of 2014. As the graph below shows, over the past 34 years this indicator reached a maximum value of 111,600,000 in 2014 and a minimum value of 6,190,000 in 1980.

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
1980 6,190,000
1981 7,266,000
1982 8,674,000
1983 9,679,000
1984 10,093,000
1985 13,480,000
1986 15,775,000
1987 18,349,000
1988 20,752,000
1989 20,768,000
1990 23,482,000
1991 28,806,000
1992 25,996,000
1993 31,435,000
1994 34,427,000
1995 35,493,000
1996 36,015,000
1997 37,230,000
1998 36,096,000
1999 37,046,000
2000 41,581,000
2001 44,247,400
2002 55,746,700
2003 65,921,100
2004 63,799,100
2005 72,341,900
2006 90,156,700
2007 95,651,200
2008 110,863,100
2009 85,051,600
2010 84,349,200
2011 91,417,700
2012 101,091,700
2013 101,640,000
2014 111,600,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Tonga was 92,315,800 as of 2012. As the graph below shows, over the past 31 years this indicator reached a maximum value of 92,315,800 in 2012 and a minimum value of 37,553,900 in 1981.

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
1981 37,553,900
1982 41,078,500
1983 42,341,500
1984 41,451,100
1985 50,221,100
1986 50,590,000
1987 53,007,900
1988 54,963,800
1989 51,074,300
1990 51,968,500
1991 57,944,300
1992 48,831,500
1993 53,529,500
1994 60,130,600
1995 63,966,100
1996 64,872,300
1997 61,413,000
1998 65,747,400
1999 70,142,600
2000 69,488,900
2001 71,916,200
2002 76,127,300
2003 78,691,100
2004 78,712,300
2005 80,954,200
2006 80,735,400
2007 76,745,700
2008 79,687,600
2009 83,839,100
2010 88,006,400
2011 91,417,700
2012 92,315,800

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts