Tonga - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Tonga was $50,577,240 as of 2011. Over the past 31 years, the value for this indicator has fluctuated between $58,325,770 in 2008 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 $25,394,830
2003 $30,775,470
2004 $32,359,030
2005 $37,323,230
2006 $44,878,410
2007 $47,761,950
2008 $58,325,770
2009 $40,778,500
2010 $43,728,280
2011 $50,577,240

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Tonga was 91,561,630 as of 2011. As the graph below shows, over the past 31 years this indicator reached a maximum value of 110,863,100 in 2008 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 44,247,390
2002 55,746,740
2003 65,921,060
2004 63,799,070
2005 72,341,940
2006 90,156,700
2007 95,651,220
2008 110,863,100
2009 85,051,610
2010 84,349,160
2011 91,561,630

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Tonga was 91,561,630 as of 2011. As the graph below shows, over the past 30 years this indicator reached a maximum value of 91,561,630 in 2011 and a minimum value of 37,553,880 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 37,553,880
1982 41,078,520
1983 42,341,500
1984 41,451,080
1985 50,221,150
1986 50,589,980
1987 53,007,900
1988 54,963,840
1989 51,074,310
1990 51,968,460
1991 57,944,330
1992 48,831,500
1993 53,529,480
1994 59,836,930
1995 62,058,010
1996 62,064,350
1997 61,982,680
1998 63,667,870
1999 66,139,270
2000 68,368,060
2001 70,742,620
2002 74,905,880
2003 77,434,300
2004 77,566,500
2005 80,066,100
2006 79,865,820
2007 76,558,140
2008 78,726,150
2009 82,534,380
2010 86,120,540
2011 91,561,630

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts