Montenegro - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Montenegro was $818,239,300 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $1,039,376,000 in 2019 and $91,167,450 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 U.S. dollars.

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

See also:

Year Value
2000 $91,167,450
2001 $110,400,300
2002 $133,604,700
2003 $248,773,000
2004 $308,286,600
2005 $366,832,500
2006 $497,028,000
2007 $751,717,800
2008 $892,088,800
2009 $706,335,100
2010 $684,897,300
2011 $736,904,300
2012 $659,441,100
2013 $800,957,200
2014 $873,646,000
2015 $701,460,500
2016 $755,777,700
2017 $879,570,600
2018 $999,755,600
2019 $1,039,376,000
2020 $818,239,300

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

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts