Pakistan - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Pakistan was 2,205,480,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,233,280,000,000 in 2018 and a minimum value of 1,028,000,000 in 1960.

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
1960 1,028,000,000
1961 1,263,000,000
1962 1,386,000,000
1963 1,563,000,000
1964 1,841,000,000
1965 2,033,000,000
1966 2,275,000,000
1967 2,924,000,000
1968 2,754,000,000
1969 3,364,000,000
1970 4,404,000,000
1971 4,785,000,000
1972 4,889,000,000
1973 6,078,000,000
1974 6,412,000,000
1975 7,626,000,000
1976 10,628,000,000
1977 13,766,000,000
1978 16,494,000,000
1979 17,071,000,000
1980 23,926,000,000
1981 30,365,000,000
1982 32,006,000,000
1983 35,975,000,000
1984 45,453,000,000
1985 47,093,000,000
1986 48,213,000,000
1987 57,048,000,000
1988 74,364,000,000
1989 86,607,000,000
1990 96,092,000,000
1991 112,226,000,000
1992 133,442,000,000
1993 141,500,000,000
1994 160,239,000,000
1995 193,945,000,000
1996 190,282,000,000
1997 201,732,000,000
1998 196,772,000,000
1999 202,436,000,000
2000 276,138,000,000
2001 299,581,000,000
2002 319,225,000,000
2003 363,107,000,000
2004 413,261,000,000
2005 408,222,000,000
2006 500,383,000,000
2007 504,020,000,000
2008 282,517,000,000
2009 657,442,000,000
2010 618,449,000,000
2011 628,887,000,000
2012 684,989,000,000
2013 882,316,000,000
2014 1,139,910,000,000
2015 1,353,330,000,000
2016 1,673,340,000,000
2017 1,944,740,000,000
2018 2,233,280,000,000
2019 2,189,030,000,000
2020 2,205,480,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts