Grenada - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Grenada was 345,463,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 408,745,200 in 2018 and a minimum value of 77,759,810 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 constant local currency.

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

Year Value
1977 77,759,810
1978 88,885,010
1979 95,423,010
1980 82,244,660
1981 83,567,330
1982 95,646,670
1983 106,674,700
1984 106,467,100
1985 123,566,300
1986 124,627,100
1987 148,455,200
1988 160,008,700
1989 171,393,000
1990 177,475,200
1991 172,384,900
1992 161,841,300
1993 147,644,300
1994 147,500,000
1995 147,344,000
1996 171,132,500
1997 188,676,800
1998 205,752,800
1999 215,635,100
2000 216,100,900
2001 199,262,900
2002 207,664,200
2003 239,970,800
2004 226,915,600
2005 268,894,400
2006 264,769,400
2007 278,375,900
2008 268,284,100
2009 233,376,700
2010 256,585,400
2011 268,614,300
2012 256,113,000
2013 248,695,300
2014 281,248,500
2015 314,240,700
2016 355,650,000
2017 379,638,400
2018 408,745,200
2019 400,970,000
2020 345,463,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts