Pakistan - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Pakistan was 617,258,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 788,737,000,000 in 2018 and a minimum value of 40,815,890,000 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 constant local currency.

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

Year Value
1960 40,815,890,000
1961 49,794,370,000
1962 52,812,270,000
1963 56,205,220,000
1964 69,093,610,000
1965 83,224,120,000
1966 87,217,350,000
1967 107,267,000,000
1968 117,788,000,000
1969 114,211,000,000
1970 138,362,000,000
1971 141,597,000,000
1972 138,179,000,000
1973 148,325,000,000
1974 117,879,000,000
1975 113,294,000,000
1976 145,465,000,000
1977 149,525,000,000
1978 166,557,000,000
1979 141,514,000,000
1980 208,123,000,000
1981 253,140,000,000
1982 248,530,000,000
1983 265,153,000,000
1984 304,502,000,000
1985 300,084,000,000
1986 293,489,000,000
1987 330,729,000,000
1988 391,844,000,000
1989 416,146,000,000
1990 430,318,000,000
1991 449,800,000,000
1992 489,508,000,000
1993 484,606,000,000
1994 477,053,000,000
1995 496,510,000,000
1996 442,431,000,000
1997 414,203,000,000
1998 379,148,000,000
1999 366,826,000,000
2000 400,898,000,000
2001 409,487,000,000
2002 427,743,000,000
2003 460,504,000,000
2004 485,733,000,000
2005 449,436,000,000
2006 500,383,000,000
2007 470,263,000,000
2008 210,630,000,000
2009 427,838,000,000
2010 351,159,000,000
2011 283,766,000,000
2012 263,652,000,000
2013 342,799,000,000
2014 419,835,000,000
2015 508,489,000,000
2016 639,022,000,000
2017 711,841,000,000
2018 788,737,000,000
2019 682,692,000,000
2020 617,258,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts