Benin - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Benin was 784,032,000,000 as of 2020. As the graph below shows, over the past 21 years this indicator reached a maximum value of 784,032,000,000 in 2020 and a minimum value of 422,917,000,000 in 2001.

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
1999 541,615,000,000
2000 559,577,000,000
2001 422,917,000,000
2002 511,276,000,000
2003 514,165,000,000
2004 524,989,000,000
2005 473,655,000,000
2006 476,743,000,000
2007 489,056,000,000
2008 511,198,000,000
2009 504,317,000,000
2010 547,404,000,000
2011 457,878,000,000
2012 477,943,000,000
2013 498,322,000,000
2014 553,700,000,000
2015 537,408,000,000
2016 584,313,000,000
2017 590,203,000,000
2018 672,831,000,000
2019 740,757,000,000
2020 784,032,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts