Montenegro - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Montenegro was 478,680,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 593,732,000 in 2019 and a minimum value of 160,591,800 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 160,591,800
2001 196,051,200
2002 228,107,000
2003 329,613,100
2004 376,546,100
2005 446,973,900
2006 485,860,000
2007 539,304,000
2008 580,740,000
2009 502,974,000
2010 516,618,000
2011 520,001,000
2012 492,603,000
2013 497,240,000
2014 504,352,000
2015 511,863,000
2016 541,047,000
2017 568,335,000
2018 573,238,000
2019 593,732,000
2020 478,680,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts