Benin - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Benin was $1,362,145,000 as of 2020. Over the past 21 years, the value for this indicator has fluctuated between $1,362,145,000 in 2020 and $577,441,200 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 U.S. dollars.

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

See also:

Year Value
1999 $879,996,700
2000 $787,905,500
2001 $577,441,200
2002 $737,013,600
2003 $886,647,400
2004 $995,545,500
2005 $898,336,100
2006 $912,557,000
2007 $1,021,774,000
2008 $1,146,184,000
2009 $1,072,346,000
2010 $1,106,326,000
2011 $971,627,600
2012 $936,122,000
2013 $1,008,954,000
2014 $1,121,402,000
2015 $908,994,200
2016 $986,006,500
2017 $1,016,440,000
2018 $1,211,333,000
2019 $1,264,283,000
2020 $1,362,145,000

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

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Benin was 760,953,000,000 as of 2020. As the graph below shows, over the past 21 years this indicator reached a maximum value of 760,953,000,000 in 2020 and a minimum value of 417,527,000,000 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 constant local currency.

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

Year Value
1999 576,667,000,000
2000 510,555,000,000
2001 417,527,000,000
2002 509,947,000,000
2003 525,291,000,000
2004 569,104,000,000
2005 484,463,000,000
2006 445,212,000,000
2007 494,523,000,000
2008 502,436,000,000
2009 512,118,000,000
2010 548,089,000,000
2011 471,764,000,000
2012 472,945,000,000
2013 486,975,000,000
2014 553,026,000,000
2015 537,408,000,000
2016 531,714,000,000
2017 590,203,000,000
2018 672,831,000,000
2019 740,757,000,000
2020 760,953,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts