Israel - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Israel was 149,480,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 156,669,000,000 in 2019 and a minimum value of 54,512,210,000 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 54,512,210,000
1996 58,511,790,000
1997 59,245,190,000
1998 61,073,780,000
1999 63,164,800,000
2000 69,502,320,000
2001 69,826,450,000
2002 68,108,330,000
2003 65,967,190,000
2004 68,955,180,000
2005 71,324,380,000
2006 73,693,530,000
2007 80,916,510,000
2008 84,806,480,000
2009 85,875,600,000
2010 94,281,740,000
2011 99,815,060,000
2012 103,760,000,000
2013 109,828,000,000
2014 117,041,000,000
2015 121,553,000,000
2016 136,244,000,000
2017 139,422,000,000
2018 148,773,000,000
2019 156,669,000,000
2020 149,480,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts