Isle of Man - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Isle of Man was $26,222,870 as of 2019. Over the past 7 years, the value for this indicator has fluctuated between $26,222,870 in 2019 and $2,064,771 in 2012.

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
2012 $2,064,771
2013 $3,124,902
2014 $9,466,842
2015 $12,901,450
2016 $18,460,710
2017 $19,052,770
2018 $20,117,410
2019 $26,222,870

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts