Luxembourg - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Luxembourg was $5,520,716,000 as of 2016. Over the past 51 years, the value for this indicator has fluctuated between $7,191,181,000 in 2014 and $26,892,150 in 1965.

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
1965 $26,892,150
1966 $27,258,230
1967 $27,877,650
1968 $30,168,010
1969 $36,015,690
1970 $47,538,760
1971 $73,081,800
1972 $104,537,200
1973 $141,260,000
1974 $146,674,100
1975 $201,172,800
1976 $207,975,000
1977 $232,349,500
1978 $292,731,800
1979 $327,071,800
1980 $419,361,700
1981 $353,839,300
1982 $331,612,000
1983 $377,319,200
1984 $381,523,900
1985 $392,156,500
1986 $559,220,100
1987 $726,262,000
1988 $810,895,100
1989 $866,819,400
1990 $1,107,994,000
1991 $1,268,948,000
1992 $1,407,190,000
1993 $1,563,965,000
1994 $1,704,944,000
1995 $2,061,423,000
1996 $2,023,031,000
1997 $1,954,752,000
1998 $2,086,849,000
1999 $2,307,436,000
2000 $2,266,445,000
2001 $2,173,452,000
2002 $2,405,855,000
2003 $3,083,323,000
2004 $3,842,219,000
2005 $4,182,125,000
2006 $4,352,665,000
2007 $5,342,665,000
2008 $5,750,318,000
2009 $5,336,767,000
2010 $5,351,542,000
2011 $6,152,191,000
2012 $6,071,920,000
2013 $6,601,752,000
2014 $7,191,181,000
2015 $5,445,810,000
2016 $5,520,716,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Luxembourg was 4,990,921,000 as of 2016. As the graph below shows, over the past 51 years this indicator reached a maximum value of 5,420,214,000 in 2014 and a minimum value of 33,331,950 in 1965.

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
1965 33,331,950
1966 33,785,690
1967 34,553,440
1968 37,392,270
1969 44,640,280
1970 58,924,300
1971 88,538,600
1972 114,060,500
1973 136,485,400
1974 141,628,500
1975 183,409,200
1976 199,032,100
1977 206,442,500
1978 228,535,700
1979 237,715,800
1980 303,995,300
1981 325,673,700
1982 375,583,800
1983 478,252,100
1984 546,494,800
1985 577,215,100
1986 619,280,300
1987 672,155,500
1988 739,130,900
1989 846,709,200
1990 917,862,300
1991 1,074,164,000
1992 1,121,530,000
1993 1,341,256,000
1994 1,414,080,000
1995 1,506,488,000
1996 1,552,676,000
1997 1,733,474,000
1998 1,877,747,000
1999 2,165,759,000
2000 2,459,999,000
2001 2,428,832,000
2002 2,556,462,000
2003 2,731,824,000
2004 3,094,523,000
2005 3,362,847,000
2006 3,469,509,000
2007 3,903,351,000
2008 3,925,742,000
2009 3,841,405,000
2010 4,040,655,000
2011 4,425,611,000
2012 4,725,736,000
2013 4,972,170,000
2014 5,420,214,000
2015 4,910,263,000
2016 4,990,921,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Luxembourg was 5,707,279,000 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 5,707,279,000 in 2016 and a minimum value of 803,137,500 in 1970.

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
1970 803,137,500
1971 857,243,900
1972 903,475,000
1973 984,343,000
1974 998,489,400
1975 1,065,138,000
1976 1,110,567,000
1977 1,168,757,000
1978 1,253,125,000
1979 1,219,801,000
1980 1,214,842,000
1981 1,323,274,000
1982 1,285,939,000
1983 1,359,879,000
1984 1,484,135,000
1985 1,491,309,000
1986 1,472,113,000
1987 1,581,850,000
1988 1,608,809,000
1989 1,819,864,000
1990 1,928,029,000
1991 2,160,900,000
1992 2,109,602,000
1993 2,075,404,000
1994 1,975,068,000
1995 1,889,932,000
1996 1,978,292,000
1997 2,202,985,000
1998 2,367,793,000
1999 2,640,782,000
2000 3,004,186,000
2001 2,961,836,000
2002 3,095,722,000
2003 3,214,493,000
2004 3,480,826,000
2005 3,682,175,000
2006 3,709,573,000
2007 3,968,441,000
2008 4,000,672,000
2009 3,910,496,000
2010 4,040,655,000
2011 4,354,673,000
2012 4,526,479,000
2013 4,697,818,000
2014 5,065,620,000
2015 5,162,954,000
2016 5,707,279,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts