Congo - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Congo was 265,419,000,000 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 391,760,000,000 in 2016 and a minimum value of 78,819,530,000 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 constant local currency.

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

Year Value
2005 97,622,000,000
2006 82,999,000,000
2007 78,819,530,000
2008 91,998,010,000
2009 209,974,000,000
2010 227,172,000,000
2011 237,136,000,000
2012 203,148,000,000
2013 175,083,000,000
2014 214,703,000,000
2015 271,895,000,000
2016 391,760,000,000
2017 228,478,000,000
2018 268,423,000,000
2019 288,139,000,000
2020 265,419,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts