Mongolia - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Mongolia was 3,555,900,000,000.00 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 4,014,100,000,000.00 in 2019 and a minimum value of 0.00 in 1981.

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
1981 0.00
1982 0.00
1983 0.00
1984 0.00
1985 0.00
1986 0.00
1987 0.00
1988 0.00
1989 0.00
1990 381,500,000.00
1991 2,229,300,000.00
1992 3,375,400,000.00
1993 17,513,500,000.00
1994 23,525,400,000.00
1995 34,522,070,000.00
1996 45,127,800,000.00
1997 66,888,400,000.00
1998 71,698,700,000.00
1999 95,330,110,000.00
2000 136,892,000,000.00
2001 178,622,000,000.00
2002 186,103,000,000.00
2003 204,604,000,000.00
2004 269,218,000,000.00
2005 311,738,000,000.00
2006 405,254,000,000.00
2007 491,866,000,000.00
2008 672,817,000,000.00
2009 591,768,000,000.00
2010 998,362,000,000.00
2011 1,656,320,000,000.00
2012 1,854,420,000,000.00
2013 2,178,570,000,000.00
2014 2,075,330,000,000.00
2015 1,885,680,000,000.00
2016 1,990,730,000,000.00
2017 2,540,030,000,000.00
2018 3,518,470,000,000.00
2019 4,014,100,000,000.00
2020 3,555,900,000,000.00

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts