Ireland - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Ireland was 20,130,220,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 24,129,780,000 in 2006 and a minimum value of 8,202,257,000 in 1995.

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
1995 8,202,257,000
1996 9,004,160,000
1997 10,503,900,000
1998 11,985,820,000
1999 13,979,940,000
2000 15,653,220,000
2001 15,549,800,000
2002 15,990,930,000
2003 17,046,930,000
2004 18,904,720,000
2005 21,618,850,000
2006 24,129,780,000
2007 23,545,380,000
2008 19,145,920,000
2009 15,809,220,000
2010 15,904,120,000
2011 15,165,070,000
2012 15,272,090,000
2013 15,898,770,000
2014 17,494,680,000
2015 18,759,700,000
2016 19,950,060,000
2017 20,700,890,000
2018 21,277,220,000
2019 22,837,860,000
2020 20,130,220,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts