Liechtenstein - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Liechtenstein was $273,443,100 as of 2018. Over the past 5 years, the value for this indicator has fluctuated between $273,443,100 in 2018 and $204,079,600 in 2016.

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
2013 $211,997,000
2014 $219,384,400
2015 $258,416,500
2016 $204,079,600
2017 $272,773,400
2018 $273,443,100

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Liechtenstein was 267,400,000 as of 2018. As the graph below shows, over the past 5 years this indicator reached a maximum value of 268,600,000 in 2017 and a minimum value of 196,500,000 in 2013.

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
2013 196,500,000
2014 201,000,000
2015 248,700,000
2016 201,100,000
2017 268,600,000
2018 267,400,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts