Indonesia - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Indonesia was 561,147,000,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 651,108,000,000,000 in 2019 and a minimum value of -75,966,500,000,000 in 2002.

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
2000 124,851,000,000,000
2001 -37,958,700,000,000
2002 -75,966,500,000,000
2010 180,453,000,000,000
2011 155,827,000,000,000
2012 186,005,000,000,000
2013 237,802,000,000,000
2014 263,473,000,000,000
2015 363,127,000,000,000
2016 442,873,000,000,000
2017 523,230,000,000,000
2018 601,998,000,000,000
2019 651,108,000,000,000
2020 561,147,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts