Dominica - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Dominica was $85,029,630 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $119,111,100 in 2018 and $4,962,963 in 1977.

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
1977 $4,962,963
1978 $5,937,037
1979 $5,111,111
1980 $5,862,963
1981 $9,585,185
1982 $11,459,260
1983 $13,103,700
1984 $14,777,780
1985 $15,888,890
1986 $18,270,370
1987 $21,300,000
1988 $25,537,040
1989 $28,351,850
1990 $29,344,440
1991 $29,562,960
1992 $30,325,930
1993 $32,888,890
1994 $31,011,110
1995 $35,166,670
1996 $37,174,080
1997 $39,596,300
1998 $42,762,960
1999 $41,922,220
2000 $37,870,370
2001 $38,311,110
2002 $38,433,330
2003 $44,074,080
2004 $52,688,890
2005 $56,340,740
2006 $63,240,740
2007 $74,825,930
2008 $82,059,260
2009 $86,159,260
2010 $86,707,410
2011 $83,522,220
2012 $80,074,070
2013 $78,981,480
2014 $84,096,300
2015 $85,562,960
2016 $92,444,450
2017 $84,040,740
2018 $119,111,100
2019 $118,211,100
2020 $85,029,630

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Dominica was 229,580,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 321,600,000 in 2018 and a minimum value of 13,400,000 in 1977.

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
1977 13,400,000
1978 16,030,000
1979 13,800,000
1980 15,830,000
1981 25,880,000
1982 30,940,000
1983 35,380,000
1984 39,900,000
1985 42,900,000
1986 49,330,000
1987 57,510,000
1988 68,950,000
1989 76,550,000
1990 79,230,000
1991 79,820,000
1992 81,880,000
1993 88,800,000
1994 83,730,000
1995 94,950,000
1996 100,370,000
1997 106,910,000
1998 115,460,000
1999 113,190,000
2000 102,250,000
2001 103,440,000
2002 103,770,000
2003 119,000,000
2004 142,260,000
2005 152,120,000
2006 170,750,000
2007 202,030,000
2008 221,560,000
2009 232,630,000
2010 234,110,000
2011 225,510,000
2012 216,200,000
2013 213,250,000
2014 227,060,000
2015 231,020,000
2016 249,600,000
2017 226,910,000
2018 321,600,000
2019 319,170,000
2020 229,580,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Dominica was 175,350,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 250,740,000 in 2018 and a minimum value of 38,328,680 in 1980.

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
1977 50,325,950
1978 53,433,580
1979 38,996,850
1980 38,328,680
1981 61,579,870
1982 70,305,030
1983 74,813,370
1984 79,462,120
1985 79,156,290
1986 86,159,820
1987 95,035,790
1988 109,035,200
1989 111,665,400
1990 111,980,000
1991 104,800,000
1992 102,990,000
1993 108,770,000
1994 95,280,000
1995 107,210,000
1996 109,750,000
1997 115,230,000
1998 121,370,000
1999 116,040,000
2000 106,730,000
2001 105,760,000
2002 105,260,000
2003 124,610,000
2004 143,510,000
2005 155,720,000
2006 170,750,000
2007 198,990,000
2008 214,990,000
2009 209,000,000
2010 209,710,000
2011 198,650,000
2012 194,260,000
2013 185,020,000
2014 197,090,000
2015 187,730,000
2016 195,200,000
2017 183,330,000
2018 250,740,000
2019 241,030,000
2020 175,350,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts