Fiji - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Fiji was $887,022,600 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,095,717,000 in 2018 and $8,563,153 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 $8,563,153
1961 $8,563,153
1962 $9,318,726
1963 $11,207,660
1964 $14,607,730
1965 $15,237,380
1966 $13,714,140
1967 $16,784,780
1968 $18,550,330
1969 $21,500,460
1970 $26,252,440
1971 $31,918,630
1972 $37,324,280
1973 $47,469,150
1974 $49,031,780
1975 $57,184,570
1976 $58,928,370
1977 $59,298,020
1978 $69,910,250
1979 $87,112,600
1980 $101,100,200
1981 $119,939,300
1982 $99,569,930
1983 $108,603,800
1984 $153,824,100
1985 $120,299,900
1986 $119,680,500
1987 $109,307,800
1988 $107,900,400
1989 $134,160,300
1990 $160,713,100
1991 $160,409,300
1992 $194,610,800
1993 $228,434,300
1994 $258,862,100
1995 $282,941,100
1996 $291,883,400
1997 $303,525,700
1998 $236,259,300
1999 $270,105,600
2000 $203,964,100
2001 $204,689,900
2002 $240,145,900
2003 $350,416,200
2004 $406,007,500
2005 $421,457,100
2006 $450,973,300
2007 $491,527,000
2008 $554,874,200
2009 $423,414,600
2010 $507,428,400
2011 $574,198,600
2012 $619,847,800
2013 $698,766,800
2014 $1,036,720,000
2015 $1,007,678,000
2016 $916,901,200
2017 $1,032,552,000
2018 $1,095,717,000
2019 $1,021,200,000
2020 $887,022,600

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Fiji was 1,923,775,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,287,200,000 in 2018 and a minimum value of 6,800,000 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 6,800,000
1961 6,800,000
1962 7,400,000
1963 8,900,000
1964 11,600,000
1965 12,100,000
1966 10,900,000
1967 13,500,000
1968 16,200,000
1969 18,800,000
1970 22,900,000
1971 27,300,000
1972 30,800,000
1973 37,700,000
1974 39,500,000
1975 47,000,000
1976 52,900,000
1977 54,400,000
1978 59,200,000
1979 72,800,000
1980 82,700,000
1981 102,500,100
1982 92,839,000
1983 110,450,100
1984 166,530,000
1985 138,778,000
1986 135,586,000
1987 135,968,000
1988 154,330,000
1989 199,000,000
1990 238,000,000
1991 236,700,000
1992 292,500,000
1993 352,200,000
1994 379,000,000
1995 397,900,000
1996 409,600,000
1997 438,200,000
1998 469,400,000
1999 532,000,000
2000 434,158,000
2001 465,997,000
2002 525,175,000
2003 664,319,000
2004 703,611,000
2005 712,684,000
2006 780,725,000
2007 791,506,000
2008 884,303,000
2009 828,072,000
2010 973,400,000
2011 1,029,653,000
2012 1,109,466,000
2013 1,286,709,000
2014 1,956,706,000
2015 2,113,705,000
2016 1,920,633,000
2017 2,134,181,000
2018 2,287,200,000
2019 2,206,200,000
2020 1,923,775,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Fiji was 1,762,109,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,823,097,000 in 2006 and a minimum value of 521,845,200 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 constant local currency.

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

Year Value
1960 521,845,200
1961 521,880,700
1962 556,130,200
1963 650,940,100
1964 788,442,600
1965 782,668,400
1966 715,645,200
1967 854,701,500
1968 983,431,100
1969 1,077,887,000
1970 1,225,341,000
1971 1,336,962,000
1972 1,409,458,000
1973 1,484,524,000
1974 1,522,981,000
1975 1,570,383,000
1976 1,617,100,000
1977 1,703,120,000
1978 1,741,329,000
1979 1,972,276,000
1980 1,949,388,000
1981 2,114,664,000
1982 1,396,206,000
1983 1,340,915,000
1984 1,453,458,000
1985 1,386,403,000
1986 1,493,848,000
1987 1,395,030,000
1988 1,408,363,000
1989 1,638,496,000
1990 2,003,216,000
1991 1,958,897,000
1992 2,064,144,000
1993 2,052,552,000
1994 2,157,953,000
1995 2,217,378,000
1996 2,321,605,000
1997 2,267,629,000
1998 2,298,392,000
1999 2,503,860,000
2000 2,449,738,000
2001 2,505,120,000
2002 2,586,090,000
2003 2,626,151,000
2004 2,738,031,000
2005 2,770,421,000
2006 2,823,097,000
2007 2,799,109,000
2008 1,672,998,000
2009 1,649,810,000
2010 1,698,556,000
2011 1,769,125,000
2012 1,852,879,000
2013 1,956,706,000
2014 1,956,706,000
2015 2,099,117,000
2016 2,306,098,000
2017 2,501,275,000
2018 2,683,343,000
2019 2,598,980,000
2020 1,762,109,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts