Bhutan - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Bhutan was $62,037,610 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $143,877,000 in 2018 and $2,277,354 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 U.S. dollars.

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

See also:

Year Value
1980 $2,277,354
1981 $2,448,037
1982 $2,494,715
1983 $3,445,545
1984 $4,014,085
1985 $3,379,143
1986 $3,409,992
1987 $5,918,210
1988 $5,948,276
1989 $4,540,974
1990 $7,652,770
1991 $6,992,085
1992 $6,790,124
1993 $6,067,563
1994 $11,189,030
1995 $11,039,160
1996 $10,132,660
1997 $13,935,560
1998 $13,233,160
1999 $14,421,740
2000 $9,431,464
2001 $10,176,520
2002 $16,767,740
2003 $19,760,200
2004 $26,726,830
2005 $29,884,350
2006 $29,522,290
2007 $34,886,780
2008 $37,078,740
2009 $35,221,050
2010 $63,312,180
2011 $84,043,880
2012 $108,781,900
2013 $93,774,850
2014 $106,762,300
2015 $89,308,970
2016 $102,135,400
2017 $124,178,000
2018 $143,877,000
2019 $118,859,600
2020 $62,037,610

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts