Montenegro - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Montenegro was 718,005,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 928,371,000 in 2019 and a minimum value of 98,707,000 in 2000.

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
2000 98,707,000
2001 123,273,000
2002 141,474,000
2003 219,990,000
2004 248,294,000
2005 294,970,000
2006 396,181,000
2007 549,205,000
2008 609,029,000
2009 508,420,000
2010 516,618,000
2011 529,392,000
2012 513,243,000
2013 603,281,000
2014 658,467,000
2015 632,507,000
2016 683,223,000
2017 780,531,000
2018 846,993,000
2019 928,371,000
2020 718,005,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts