Bahrain - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Bahrain was 351,160,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 403,850,000 in 2019 and a minimum value of 85,340,000 in 2014.

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
2006 96,930,000
2007 106,510,000
2008 110,800,000
2009 103,710,000
2010 101,000,000
2011 99,360,000
2012 114,430,000
2013 112,830,000
2014 85,340,000
2015 104,200,000
2016 86,560,000
2017 110,120,000
2018 142,910,000
2019 403,850,000
2020 351,160,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts