Cabo Verde - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Cabo Verde was 21,747,010,000 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 28,060,170,000 in 2019 and a minimum value of 16,611,560,000 in 2007.

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
2007 16,611,560,000
2008 18,478,980,000
2009 16,620,890,000
2010 17,598,290,000
2011 20,399,190,000
2012 18,621,440,000
2013 19,025,810,000
2014 18,570,930,000
2015 20,031,910,000
2016 21,691,800,000
2017 23,943,660,000
2018 26,688,450,000
2019 28,060,170,000
2020 21,747,010,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts