Bhutan - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Bhutan was 4,596,960,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 9,839,676,000 in 2018 and a minimum value of 17,900,000 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 17,900,000
1981 21,200,000
1982 23,600,000
1983 34,800,000
1984 45,600,000
1985 41,800,000
1986 43,000,000
1987 76,700,000
1988 82,800,000
1989 73,700,000
1990 134,000,000
1991 159,000,000
1992 176,000,000
1993 185,000,000
1994 351,000,000
1995 358,000,000
1996 359,000,000
1997 506,000,000
1998 546,000,000
1999 621,000,000
2000 423,850,000
2001 480,230,000
2002 815,080,000
2003 920,430,000
2004 1,211,260,000
2005 1,317,900,000
2006 1,337,566,000
2007 1,442,516,000
2008 1,613,118,000
2009 1,704,886,000
2010 2,895,000,000
2011 3,922,370,000
2012 5,813,000,000
2013 5,495,000,000
2014 6,515,650,000
2015 5,729,340,000
2016 6,863,020,000
2017 8,086,670,000
2018 9,839,676,000
2019 8,370,130,000
2020 4,596,960,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts