Bahrain - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Bahrain was 360,300,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 412,750,000 in 2019 and a minimum value of 40,300,000 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 40,300,000
1981 50,200,000
1982 60,400,000
1983 62,700,000
1984 58,500,000
2006 68,580,000
2007 80,060,000
2008 98,650,000
2009 83,310,000
2010 101,000,000
2011 92,110,000
2012 114,160,000
2013 115,080,000
2014 88,600,000
2015 109,220,000
2016 98,150,000
2017 126,280,000
2018 155,170,000
2019 412,750,000
2020 360,300,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts