Bangladesh - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Bangladesh was $13,376,130,000 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $14,874,770,000 in 2018 and $404,966,300 in 1983.

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 $454,134,400
1981 $516,585,100
1982 $439,171,600
1983 $404,966,300
1984 $420,680,000
1985 $502,192,300
1986 $471,933,300
1987 $545,129,000
1988 $626,185,900
1989 $710,996,900
1990 $841,732,500
1991 $881,092,400
1992 $1,072,016,000
1993 $1,227,143,000
1994 $1,188,903,000
1995 $1,512,388,000
1996 $2,287,433,000
1997 $2,391,429,000
1998 $2,458,348,000
1999 $2,443,032,000
2000 $2,367,561,000
2001 $2,692,921,000
2002 $2,738,499,000
2003 $3,195,993,000
2004 $3,351,384,000
2005 $3,645,187,000
2006 $3,681,494,000
2007 $3,828,464,000
2008 $4,348,067,000
2009 $4,382,439,000
2010 $5,238,340,000
2011 $6,559,154,000
2012 $7,149,065,000
2013 $7,213,748,000
2014 $8,128,345,000
2015 $9,113,640,000
2016 $10,931,350,000
2017 $13,383,070,000
2018 $14,874,770,000
2019 $14,589,150,000
2020 $13,376,130,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Bangladesh was 1,134,220,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,225,920,000,000 in 2019 and a minimum value of 7,030,000,000 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 7,030,000,000
1981 8,441,000,000
1982 8,801,000,000
1983 9,622,000,000
1984 10,517,000,000
1985 13,057,000,000
1986 14,158,000,000
1987 16,899,000,000
1988 19,537,000,000
1989 22,823,000,000
1990 27,693,000,000
1991 31,455,000,000
1992 40,415,000,000
1993 46,386,000,000
1994 47,675,000,000
1995 60,798,000,000
1996 93,556,000,000
1997 102,114,000,000
1998 111,609,000,000
1999 117,461,000,000
2000 119,112,000,000
2001 145,310,000,000
2002 157,272,000,000
2003 185,048,000,000
2004 197,296,000,000
2005 224,179,000,000
2006 247,249,000,000
2007 264,394,000,000
2008 298,321,000,000
2009 301,522,000,000
2010 362,406,000,000
2011 466,974,000,000
2012 565,684,000,000
2013 576,619,000,000
2014 631,739,000,000
2015 708,149,000,000
2016 855,521,000,000
2017 1,058,920,000,000
2018 1,221,560,000,000
2019 1,225,920,000,000
2020 1,134,220,000,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Bangladesh was 395,468,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 422,314,000,000 in 2019 and a minimum value of 54,581,350,000 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 54,581,350,000
1981 75,036,870,000
1982 68,198,030,000
1983 70,047,510,000
1984 67,116,140,000
1985 74,529,170,000
1986 75,278,630,000
1987 81,044,650,000
1988 87,070,570,000
1989 95,489,930,000
1990 106,746,000,000
1991 114,074,000,000
1992 146,445,000,000
1993 162,508,000,000
1994 164,676,000,000
1995 186,531,000,000
1996 202,113,000,000
1997 212,885,000,000
1998 219,586,000,000
1999 234,673,000,000
2000 226,641,000,000
2001 231,047,000,000
2002 233,033,000,000
2003 228,840,000,000
2004 226,817,000,000
2005 252,198,000,000
2006 247,249,000,000
2007 259,589,000,000
2008 283,194,000,000
2009 286,461,000,000
2010 276,719,000,000
2011 284,217,000,000
2012 290,624,000,000
2013 299,602,000,000
2014 311,560,000,000
2015 333,240,000,000
2016 352,655,000,000
2017 382,521,000,000
2018 409,087,000,000
2019 422,314,000,000
2020 395,468,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts