Eswatini - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Eswatini was 5,361,427,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 5,361,427,000 in 2020 and a minimum value of 1,002,600 in 1960.

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 1,002,600
1961 1,209,000
1962 1,238,500
1963 1,474,400
1964 1,946,200
1965 2,300,000
1966 2,500,000
1967 2,800,000
1968 2,400,000
1969 8,000,000
1970 7,300,000
1971 9,400,000
1972 11,500,000
1973 16,000,000
1974 22,800,000
1975 52,200,000
1976 49,000,000
1977 49,400,000
1978 34,200,000
1979 46,900,000
1980 59,313,800
1981 75,500,000
1982 112,700,000
1983 117,500,000
1984 130,700,000
1985 144,000,000
1986 148,000,000
1987 166,500,000
1988 224,300,000
1989 269,000,000
1990 422,700,100
1991 450,100,100
1992 517,700,100
1993 575,100,100
1994 740,200,100
1995 991,900,100
1996 1,084,900,000
1997 1,291,000,000
1998 1,424,900,000
1999 1,611,600,000
2000 492,601,700
2001 614,779,400
2002 758,944,200
2003 815,636,500
2004 745,817,900
2005 790,835,900
2006 831,434,300
2007 905,978,000
2008 1,142,453,000
2009 1,300,007,000
2010 1,445,560,000
2011 1,656,472,000
2012 2,375,830,000
2013 2,714,976,000
2014 2,988,722,000
2015 3,207,000,000
2016 3,240,481,000
2017 3,636,858,000
2018 4,116,121,000
2019 4,385,624,000
2020 5,361,427,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts