Malta - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Malta was 1,252,876,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,496,133,000 in 2019 and a minimum value of 24,384,200 in 1975.

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
1970 29,814,700
1971 30,001,800
1972 32,043,200
1973 37,296,700
1974 30,502,700
1975 24,384,200
1976 25,215,700
1977 27,832,300
1978 32,445,500
1979 27,330,400
1980 48,342,300
1981 62,668,000
1982 44,750,600
1983 28,496,900
1984 37,851,500
1985 47,421,000
1986 86,351,400
1987 98,860,600
1988 131,250,500
1989 151,988,500
1990 171,345,200
1991 197,733,300
1992 210,623,600
1993 212,704,700
1994 226,998,800
1995 334,871,900
1996 308,393,300
1997 350,301,900
1998 333,613,100
1999 403,495,300
2000 450,640,200
2001 483,563,500
2002 518,398,600
2003 536,344,900
2004 606,428,000
2005 677,714,500
2006 704,562,000
2007 738,150,100
2008 744,234,800
2009 781,753,000
2010 808,766,300
2011 881,687,200
2012 886,870,400
2013 925,108,400
2014 1,034,909,000
2015 1,107,890,000
2016 1,185,401,000
2017 1,307,641,000
2018 1,469,061,000
2019 1,496,133,000
2020 1,252,876,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts