North Macedonia - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in North Macedonia was 57,346,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 63,657,000,000 in 2019 and a minimum value of 31,959,990,000 in 1997.

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
1990 53,142,590,000
1991 46,590,260,000
1992 40,280,690,000
1993 36,617,310,000
1994 35,572,610,000
1995 35,592,650,000
1996 33,196,460,000
1997 31,959,990,000
1998 34,298,180,000
1999 38,151,410,000
2000 38,990,000,000
2001 37,009,000,000
2002 38,219,000,000
2003 38,429,000,000
2004 40,306,000,000
2005 43,600,000,000
2006 47,471,000,000
2007 52,253,000,000
2008 54,279,000,000
2009 53,892,000,000
2010 55,522,000,000
2011 58,181,000,000
2012 58,670,000,000
2013 56,666,000,000
2014 53,579,000,000
2015 53,578,000,000
2016 58,160,000,000
2017 59,413,000,000
2018 60,974,000,000
2019 63,657,000,000
2020 57,346,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts