Eswatini - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Eswatini was $325,520,900 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $325,520,900 in 2020 and $1,403,612 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 U.S. dollars.

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

See also:

Year Value
1960 $1,403,612
1961 $1,692,566
1962 $1,733,865
1963 $2,064,119
1964 $2,724,626
1965 $3,219,936
1966 $3,499,930
1967 $3,919,922
1968 $3,359,933
1969 $11,199,780
1970 $10,219,800
1971 $13,143,180
1972 $14,960,320
1973 $23,054,760
1974 $33,554,080
1975 $70,588,230
1976 $56,347,750
1977 $56,807,730
1978 $39,328,430
1979 $55,713,950
1980 $76,160,500
1981 $86,030,080
1982 $103,794,400
1983 $105,466,300
1984 $88,592,150
1985 $64,611,660
1986 $64,770,240
1987 $81,778,000
1988 $98,658,460
1989 $102,566,100
1990 $163,375,000
1991 $163,003,000
1992 $181,521,800
1993 $175,995,400
1994 $208,460,100
1995 $273,469,200
1996 $252,343,400
1997 $280,165,000
1998 $257,746,500
1999 $263,785,900
2000 $70,982,120
2001 $71,410,420
2002 $72,001,310
2003 $107,821,400
2004 $115,458,800
2005 $124,359,000
2006 $122,784,400
2007 $128,591,400
2008 $138,291,500
2009 $153,416,700
2010 $197,448,500
2011 $228,129,600
2012 $289,382,500
2013 $281,196,000
2014 $275,389,700
2015 $251,602,400
2016 $220,297,000
2017 $272,844,900
2018 $310,882,900
2019 $303,503,400
2020 $325,520,900

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

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Eswatini was 2,009,230,000 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 2,086,944,000 in 2018 and a minimum value of 113,991,400 in 1971.

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
1971 113,991,400
1972 135,830,200
1973 141,839,100
1974 197,054,800
1975 375,578,100
1976 312,485,200
1977 283,981,100
1978 179,886,700
1979 214,854,100
1980 320,116,600
1981 321,649,900
1982 325,184,600
1983 329,729,100
1984 350,431,900
1985 363,560,300
1986 406,480,700
1987 459,500,000
1988 492,321,400
1989 514,034,000
1990 545,340,600
1991 598,108,700
1992 542,562,100
1993 548,603,700
1994 634,260,600
1995 558,000,000
1996 585,454,700
1997 630,741,400
1998 652,438,700
1999 711,184,100
2000 1,265,512,000
2001 1,360,296,000
2002 1,371,427,000
2003 1,363,809,000
2004 1,340,067,000
2005 1,437,797,000
2006 1,477,555,000
2007 1,467,597,000
2008 1,443,743,000
2009 1,593,606,000
2010 1,750,196,000
2011 1,656,472,000
2012 1,846,950,000
2013 1,890,905,000
2014 1,857,050,000
2015 1,792,995,000
2016 1,752,775,000
2017 1,870,908,000
2018 2,086,944,000
2019 2,076,430,000
2020 2,009,230,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts