Lesotho - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Lesotho was 1,923,702,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,595,358,000 in 2017 and a minimum value of 59,830,300 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 constant local currency.

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

Year Value
1960 59,830,300
1961 72,651,100
1962 170,943,900
1963 153,849,600
1964 226,500,800
1965 64,104,000
1966 63,122,000
1967 71,715,700
1968 71,850,900
1969 86,623,800
1970 97,356,100
1971 140,082,600
1972 124,739,600
1973 121,360,800
1974 166,314,200
1975 115,975,500
1976 161,066,700
1977 375,540,600
1978 629,157,400
1979 701,449,600
1980 693,642,300
1981 754,328,500
1982 885,336,900
1983 903,288,100
1984 962,706,900
1985 940,226,800
1986 881,878,100
1987 934,865,100
1988 1,054,745,000
1989 1,090,564,000
1990 1,097,698,000
1991 1,200,782,000
1992 1,300,088,000
1993 1,338,405,000
1994 1,404,627,000
1995 1,447,659,000
1996 1,490,677,000
1997 1,520,995,000
1998 1,446,387,000
1999 1,481,542,000
2000 1,300,436,000
2001 1,282,264,000
2002 1,195,548,000
2003 1,226,286,000
2004 1,293,680,000
2005 1,459,721,000
2006 1,515,317,000
2007 1,667,655,000
2008 1,777,305,000
2009 1,815,008,000
2010 1,975,983,000
2011 2,175,932,000
2012 2,326,596,000
2013 2,473,879,000
2014 2,495,932,000
2015 2,453,712,000
2016 2,537,744,000
2017 2,595,358,000
2018 2,550,652,000
2019 2,404,953,000
2020 1,923,702,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts