Aruba - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Aruba was $282,263,700 as of 2009. Over the past 14 years, the value for this indicator has fluctuated between $302,548,600 in 2008 and $116,575,400 in 1995.

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
1995 $116,575,400
1996 $123,424,600
1997 $127,860,300
1998 $133,217,900
1999 $144,234,600
2000 $144,553,100
2001 $144,080,400
2002 $144,739,100
2003 $156,927,400
2004 $179,011,200
2005 $191,925,700
2006 $212,055,900
2007 $279,606,100
2008 $302,548,600
2009 $282,263,700

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Aruba was 505,252,000 as of 2009. As the graph below shows, over the past 14 years this indicator reached a maximum value of 541,562,000 in 2008 and a minimum value of 208,670,000 in 1995.

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
1995 208,670,000
1996 220,930,000
1997 228,870,000
1998 238,460,000
1999 258,180,000
2000 258,750,000
2001 257,904,000
2002 259,083,000
2003 280,900,000
2004 320,430,000
2005 343,547,000
2006 379,580,000
2007 500,495,000
2008 541,562,000
2009 505,252,000

Net taxes on products (constant LCU)

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
2000 258,750,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts