Denmark - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Denmark was 302,293,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 302,293,000,000 in 2020 and a minimum value of 8,859,521,000 in 1966.

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
1966 8,859,521,000
1967 10,307,690,000
1968 12,509,480,000
1969 14,322,420,000
1970 15,666,470,000
1971 16,685,980,000
1972 19,330,250,000
1973 20,861,540,000
1974 22,247,470,000
1975 24,468,600,000
1976 30,575,880,000
1977 35,624,140,000
1978 42,245,890,000
1979 50,449,350,000
1980 54,165,210,000
1981 59,691,720,000
1982 65,306,820,000
1983 74,279,690,000
1984 82,597,950,000
1985 92,113,300,000
1986 107,513,000,000
1987 108,867,000,000
1988 111,793,000,000
1989 112,687,000,000
1990 112,836,000,000
1991 115,934,000,000
1992 118,753,000,000
1993 117,049,000,000
1994 131,603,000,000
1995 139,113,000,000
1996 151,513,000,000
1997 162,074,000,000
1998 175,412,000,000
1999 182,309,000,000
2000 183,789,000,000
2001 190,408,000,000
2002 198,654,000,000
2003 200,927,000,000
2004 214,679,000,000
2005 238,334,000,000
2006 253,606,000,000
2007 263,831,000,000
2008 256,017,000,000
2009 237,202,000,000
2010 248,183,000,000
2011 253,111,000,000
2012 258,916,000,000
2013 260,221,000,000
2014 262,186,000,000
2015 269,230,000,000
2016 278,670,000,000
2017 286,086,000,000
2018 298,157,000,000
2019 298,927,000,000
2020 302,293,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts