Papua New Guinea - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Papua New Guinea was $1,107,926,000 as of 2019. Over the past 59 years, the value for this indicator has fluctuated between $1,171,610,000 in 2014 and $5,712,001 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 U.S. dollars.

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

See also:

Year Value
1960 $5,712,001
1961 $6,160,001
1962 $6,832,001
1963 $7,840,001
1964 $9,184,001
1965 $11,535,450
1966 $14,895,290
1967 $17,807,150
1968 $19,935,040
1969 $24,414,830
1970 $31,918,470
1971 $37,834,160
1972 $42,514,970
1973 $55,815,940
1974 $68,896,220
1975 $74,617,100
1976 $85,267,410
1977 $105,130,200
1978 $116,941,700
1979 $133,885,900
1980 $163,958,900
1981 $170,282,300
1982 $181,990,500
1983 $181,676,800
1984 $199,421,300
1985 $189,643,100
1986 $236,256,900
1987 $290,670,700
1988 $326,605,900
1989 $236,376,300
1990 $196,667,100
1991 $211,134,400
1992 $203,089,400
1993 $199,816,000
1994 $244,079,600
1995 $218,904,400
1996 $257,359,600
1997 $258,141,000
1998 $190,453,100
1999 $181,882,600
2000 $177,734,400
2001 $157,662,300
2002 $147,228,400
2003 $150,856,800
2004 $189,899,700
2006 $256,583,900
2007 $323,238,800
2008 $367,653,100
2009 $385,902,500
2010 $438,752,600
2011 $438,970,900
2012 $756,143,200
2013 $786,812,200
2014 $1,171,610,000
2015 $968,140,400
2016 $824,800,500
2017 $1,020,792,000
2018 $1,074,025,000
2019 $1,107,926,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts