New Zealand - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in New Zealand was 25,129,790,000 as of 2019. As the graph below shows, over the past 42 years this indicator reached a maximum value of 25,129,790,000 in 2019 and a minimum value of 6,311,896,000 in 1980.

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
1977 6,360,767,000
1978 6,375,804,000
1979 6,380,817,000
1980 6,311,896,000
1981 6,771,786,000
1982 6,516,152,000
1983 6,747,977,000
1984 7,080,050,000
1985 6,982,308,000
1986 8,518,616,000
1987 8,897,054,000
1988 8,791,793,000
1989 9,286,770,000
1990 9,266,721,000
1991 9,063,717,000
1992 9,200,306,000
1993 9,784,253,000
1994 10,632,610,000
1995 11,095,000,000
1996 11,711,530,000
1997 11,900,750,000
1998 12,247,860,000
1999 12,959,630,000
2000 13,027,290,000
2001 13,539,810,000
2002 14,485,910,000
2003 15,586,140,000
2004 16,368,070,000
2005 16,910,670,000
2006 17,594,860,000
2007 18,301,620,000
2008 17,805,390,000
2009 17,777,820,000
2010 18,059,770,000
2011 18,354,250,000
2012 18,851,730,000
2013 19,455,730,000
2014 20,345,430,000
2015 21,482,000,000
2016 22,633,610,000
2017 23,597,240,000
2018 24,525,800,000
2019 25,129,790,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts