Central African Republic - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Central African Republic was 73,245,880,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 88,736,420,000 in 2019 and a minimum value of 633,982,000 in 1974.

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
1960 999,999,900
1961 1,100,000,000
1962 1,400,000,000
1963 1,600,000,000
1964 2,000,000,000
1965 2,100,000,000
1966 2,500,000,000
1967 2,600,000,000
1968 6,274,848,000
1969 5,282,771,000
1970 5,469,638,000
1971 6,070,789,000
1972 6,346,480,000
1973 7,843,775,000
1974 633,982,000
1975 5,651,896,000
1976 6,603,133,000
1977 8,332,870,000
1978 8,680,636,000
1979 6,267,839,000
1980 9,899,998,000
1981 11,099,970,000
1982 14,100,330,000
1983 13,700,710,000
1984 18,699,990,000
1985 31,596,000,000
1986 26,500,000,000
1987 23,403,300,000
1988 24,392,100,000
1989 27,333,000,000
1990 31,908,700,000
1991 24,698,000,000
1992 23,424,000,000
1993 19,966,000,000
1994 23,477,000,000
1995 29,287,870,000
1996 15,584,450,000
1997 33,600,000,000
1998 42,400,000,000
1999 40,700,000,000
2000 32,510,000,000
2001 30,524,000,000
2002 35,105,000,000
2003 30,900,000,000
2004 37,300,000,000
2005 35,309,000,000
2006 36,328,000,000
2007 46,400,000,000
2008 50,399,900,000
2009 60,700,000,000
2010 71,000,000,000
2011 55,400,000,000
2012 71,632,000,000
2013 32,701,000,000
2014 44,335,000,000
2015 42,259,000,000
2016 51,500,000,000
2017 55,269,000,000
2018 76,900,000,000
2019 88,736,420,000
2020 73,245,880,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts