Israel - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Israel was 124,158,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 130,658,000,000 in 2019 and a minimum value of 36,204,820,000 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 current local currency.

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

Year Value
1995 36,204,820,000
1996 41,671,370,000
1997 46,120,460,000
1998 48,915,550,000
1999 53,875,200,000
2000 56,761,080,000
2001 56,676,450,000
2002 62,761,480,000
2003 62,759,700,000
2004 65,779,160,000
2005 68,863,580,000
2006 71,496,370,000
2007 77,745,040,000
2008 81,058,000,000
2009 84,366,160,000
2010 94,531,990,000
2011 100,159,000,000
2012 102,515,000,000
2013 110,527,000,000
2014 119,078,000,000
2015 121,553,000,000
2016 127,013,000,000
2017 124,139,000,000
2018 128,726,000,000
2019 130,658,000,000
2020 124,158,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts