Curaçao - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Curaçao was $310,788,400 as of 2020. Over the past 9 years, the value for this indicator has fluctuated between $381,528,800 in 2019 and $309,999,000 in 2011.

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
2011 $309,999,000
2012 $321,768,600
2013 $349,716,000
2014 $347,559,200
2015 $352,892,300
2016 $362,886,000
2017 $365,027,900
2018 $358,457,400
2019 $381,528,800
2020 $310,788,400

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Curaçao was 556,311,300 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 682,936,600 in 2019 and a minimum value of 348,178,000 in 2004.

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
2000 398,199,100
2001 367,970,200
2002 387,902,900
2003 367,292,600
2004 348,178,000
2005 348,774,600
2006 426,161,400
2007 478,006,800
2008 535,240,200
2009 548,661,300
2010 540,781,900
2011 554,898,300
2012 575,965,900
2013 625,991,700
2014 622,131,000
2015 631,677,200
2016 649,566,000
2017 653,400,000
2018 641,638,800
2019 682,936,600
2020 556,311,300

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts