Norway - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Norway was 358,476,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 366,108,000,000 in 2019 and a minimum value of 70,333,000,000 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 constant local currency.

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

Year Value
1970 70,333,000,000
1971 79,682,000,000
1972 85,203,000,000
1973 90,470,000,000
1974 89,712,000,000
1975 94,151,000,000
1976 100,463,000,000
1977 107,861,000,000
1978 105,900,000,000
1979 111,816,000,000
1980 112,185,000,000
1981 120,564,000,000
1982 121,105,000,000
1983 126,084,000,000
1984 129,429,000,000
1985 147,467,000,000
1986 162,636,000,000
1987 154,417,000,000
1988 144,636,000,000
1989 138,707,000,000
1990 140,693,000,000
1991 145,932,000,000
1992 150,546,000,000
1993 158,026,000,000
1994 163,283,000,000
1995 172,981,000,000
1996 186,272,000,000
1997 196,703,000,000
1998 206,138,000,000
1999 211,114,000,000
2000 217,270,000,000
2001 225,315,000,000
2002 233,969,000,000
2003 237,452,000,000
2004 251,264,000,000
2005 261,144,000,000
2006 277,469,000,000
2007 298,058,000,000
2008 294,331,000,000
2009 293,066,000,000
2010 302,188,000,000
2011 312,179,000,000
2012 322,947,000,000
2013 328,171,000,000
2014 334,729,000,000
2015 342,322,000,000
2016 349,863,000,000
2017 359,870,000,000
2018 365,304,000,000
2019 366,108,000,000
2020 358,476,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts