Kenya - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Kenya was 713,498,000,000 as of 2020. As the graph below shows, over the past 56 years this indicator reached a maximum value of 774,949,000,000 in 2019 and a minimum value of 38,247,500,000 in 1964.

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
1964 38,247,500,000
1965 41,549,010,000
1966 48,650,600,000
1967 48,081,790,000
1968 54,167,400,000
1969 60,042,270,000
1970 61,472,870,000
1971 80,291,650,000
1972 100,620,000,000
1973 117,055,000,000
1974 142,040,000,000
1975 121,226,000,000
1976 122,015,000,000
1977 138,535,000,000
1978 154,085,000,000
1979 170,986,000,000
1980 194,986,000,000
1981 181,497,000,000
1982 159,730,000,000
1983 149,584,000,000
1984 161,841,000,000
1985 159,867,000,000
1986 189,469,000,000
1987 213,548,000,000
1988 240,169,000,000
1989 246,217,000,000
1990 256,325,000,000
1991 250,720,000,000
1992 229,807,000,000
1993 232,237,000,000
1994 232,374,000,000
1995 236,300,000,000
1996 238,250,000,000
1997 243,291,000,000
1998 247,232,000,000
1999 245,049,000,000
2000 252,440,000,000
2001 252,480,000,000
2002 250,797,000,000
2003 254,147,000,000
2004 291,858,000,000
2005 323,874,000,000
2006 359,490,000,000
2007 403,562,000,000
2008 415,654,000,000
2009 428,246,000,000
2010 460,568,000,000
2011 502,876,000,000
2012 557,541,000,000
2013 594,361,000,000
2014 640,615,000,000
2015 651,890,000,000
2016 667,408,000,000
2017 705,356,000,000
2018 747,016,000,000
2019 774,949,000,000
2020 713,498,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts