Jamaica - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Jamaica was $2,278,143,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $2,969,865,000 in 2019 and $55,018,900 in 1960.

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
1960 $55,018,900
1961 $59,638,810
1962 $60,898,780
1963 $63,558,730
1964 $79,938,400
1965 $85,258,300
1966 $93,518,130
1967 $120,961,100
1968 $100,084,000
1969 $104,884,200
1970 $117,364,700
1971 $136,527,400
1972 $163,387,600
1973 $162,123,200
1974 $197,558,000
1975 $262,567,400
1976 $260,367,400
1977 $237,267,600
1978 $192,386,600
1979 $202,912,500
1980 $263,107,700
1981 $349,163,600
1982 $411,025,000
1983 $411,189,300
1984 $282,591,100
1985 $279,908,600
1986 $372,704,400
1987 $461,042,100
1988 $505,648,100
1989 $570,588,000
1990 $539,991,700
1991 $424,269,000
1992 $438,622,300
1993 $588,009,000
1994 $555,916,500
1995 $736,182,500
1996 $788,559,200
1997 $854,241,700
1998 $969,439,100
1999 $1,014,253,000
2000 $1,026,132,000
2001 $1,066,216,000
2002 $1,105,381,000
2003 $1,159,940,000
2004 $1,297,363,000
2005 $1,422,286,000
2006 $1,546,851,000
2007 $1,710,901,000
2008 $1,798,115,000
2009 $1,553,290,000
2010 $1,865,313,000
2011 $2,011,677,000
2012 $2,137,751,000
2013 $2,165,205,000
2014 $2,128,788,000
2015 $2,272,185,000
2016 $2,365,210,000
2017 $2,706,891,000
2018 $2,879,489,000
2019 $2,969,865,000
2020 $2,278,143,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts