Philippines - Net taxes on products

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Philippines was 0.000 as of 1978. As the graph below shows, over the past 18 years this indicator reached a maximum value of 0.000 in 1978 and a minimum value of 0.000 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 0.000
1961 0.000
1962 0.000
1963 0.000
1964 0.000
1965 0.000
1966 0.000
1967 0.000
1968 0.000
1969 0.000
1970 0.000
1971 0.000
1972 0.000
1973 0.000
1974 0.000
1975 0.000
1976 0.000
1977 0.000
1978 0.000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts