Norway - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Norway was 403,830,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 403,830,000,000 in 2020 and a minimum value of 11,646,000,000 in 1970.

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
1970 11,646,000,000
1971 14,102,000,000
1972 15,398,000,000
1973 17,183,000,000
1974 18,229,000,000
1975 20,554,000,000
1976 23,454,000,000
1977 26,789,000,000
1978 27,854,000,000
1979 30,306,000,000
1980 33,711,000,000
1981 40,631,000,000
1982 44,187,000,000
1983 50,248,000,000
1984 55,453,000,000
1985 67,474,000,000
1986 80,708,000,000
1987 84,177,000,000
1988 82,579,000,000
1989 80,876,000,000
1990 83,440,000,000
1991 89,114,000,000
1992 94,687,000,000
1993 103,840,000,000
1994 114,803,000,000
1995 127,921,000,000
1996 139,643,000,000
1997 151,219,000,000
1998 157,896,000,000
1999 167,362,000,000
2000 177,849,000,000
2001 182,395,000,000
2002 183,553,000,000
2003 184,422,000,000
2004 199,576,000,000
2005 214,385,000,000
2006 238,768,000,000
2007 264,655,000,000
2008 260,448,000,000
2009 261,090,000,000
2010 283,446,000,000
2011 294,855,000,000
2012 308,721,000,000
2013 321,874,000,000
2014 332,239,000,000
2015 342,322,000,000
2016 358,462,000,000
2017 375,568,000,000
2018 392,356,000,000
2019 398,641,000,000
2020 403,830,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts