Belgium - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Belgium was $50,233,450,000 as of 2016. Over the past 51 years, the value for this indicator has fluctuated between $56,037,520,000 in 2014 and $961,413,400 in 1965.

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
1965 $961,413,400
1966 $1,093,699,000
1967 $1,231,330,000
1968 $1,264,470,000
1969 $1,386,452,000
1970 $1,483,381,000
1971 $1,729,738,000
1972 $2,146,752,000
1973 $3,068,656,000
1974 $4,258,846,000
1975 $5,365,109,000
1976 $6,461,670,000
1977 $7,656,095,000
1978 $9,539,006,000
1979 $10,896,310,000
1980 $11,573,340,000
1981 $9,774,343,000
1982 $8,709,947,000
1983 $8,195,231,000
1984 $7,581,185,000
1985 $7,772,061,000
1986 $10,529,060,000
1987 $14,168,480,000
1988 $15,518,240,000
1989 $16,376,640,000
1990 $19,920,350,000
1991 $20,032,630,000
1992 $22,637,810,000
1993 $22,065,170,000
1994 $24,692,110,000
1995 $28,169,540,000
1996 $28,528,730,000
1997 $26,437,870,000
1998 $27,064,350,000
1999 $27,789,690,000
2000 $25,551,040,000
2001 $24,330,830,000
2002 $26,797,010,000
2003 $32,532,510,000
2004 $39,317,860,000
2005 $41,022,260,000
2006 $43,703,800,000
2007 $50,304,680,000
2008 $54,280,210,000
2009 $50,270,490,000
2010 $51,078,810,000
2011 $54,857,460,000
2012 $52,424,560,000
2013 $55,052,370,000
2014 $56,037,520,000
2015 $47,649,500,000
2016 $50,233,450,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Belgium was 45,412,800,000 as of 2016. As the graph below shows, over the past 51 years this indicator reached a maximum value of 45,412,800,000 in 2016 and a minimum value of 1,191,641,000 in 1965.

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
1965 1,191,641,000
1966 1,355,605,000
1967 1,526,194,000
1968 1,567,270,000
1969 1,718,463,000
1970 1,838,651,000
1971 2,103,535,000
1972 2,342,321,000
1973 2,964,936,000
1974 4,112,342,000
1975 4,891,370,000
1976 6,183,818,000
1977 6,802,440,000
1978 7,447,102,000
1979 7,919,438,000
1980 8,389,517,000
1981 8,996,306,000
1982 9,864,886,000
1983 10,387,450,000
1984 10,859,290,000
1985 11,439,700,000
1986 11,659,890,000
1987 13,112,930,000
1988 14,144,880,000
1989 15,996,700,000
1990 16,502,020,000
1991 16,957,620,000
1992 18,042,330,000
1993 18,923,090,000
1994 20,479,630,000
1995 20,586,300,000
1996 21,895,800,000
1997 23,445,100,000
1998 24,352,500,000
1999 26,083,400,000
2000 27,733,100,000
2001 27,189,700,000
2002 28,474,500,000
2003 28,823,800,000
2004 31,666,600,000
2005 32,986,000,000
2006 34,836,300,000
2007 36,752,600,000
2008 37,057,100,000
2009 36,184,700,000
2010 38,566,800,000
2011 39,462,000,000
2012 40,801,700,000
2013 41,463,200,000
2014 42,237,200,000
2015 42,963,600,000
2016 45,412,800,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Belgium was 40,455,820,000 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 40,455,820,000 in 2016 and a minimum value of 3,087,678,000 in 1970.

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
1970 3,087,678,000
1971 3,409,460,000
1972 3,935,166,000
1973 4,982,534,000
1974 5,300,376,000
1975 14,617,430,000
1976 15,342,140,000
1977 15,614,430,000
1978 16,086,960,000
1979 16,365,150,000
1980 16,945,320,000
1981 16,887,020,000
1982 16,650,080,000
1983 16,471,450,000
1984 16,215,900,000
1985 16,502,460,000
1986 17,286,460,000
1987 19,716,610,000
1988 20,917,420,000
1989 22,442,010,000
1990 22,913,400,000
1991 23,255,780,000
1992 24,609,170,000
1993 25,734,310,000
1994 27,312,230,000
1995 26,951,650,000
1996 28,316,180,000
1997 29,922,150,000
1998 30,606,100,000
1999 32,401,530,000
2000 33,994,680,000
2001 32,800,250,000
2002 33,728,450,000
2003 33,528,180,000
2004 36,159,120,000
2005 36,734,300,000
2006 37,922,650,000
2007 39,185,870,000
2008 37,834,510,000
2009 36,980,820,000
2010 38,566,800,000
2011 38,127,640,000
2012 38,348,360,000
2013 38,546,080,000
2014 39,070,200,000
2015 39,039,390,000
2016 40,455,820,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts