Portugal - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Portugal was 22,823,560,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 27,903,180,000 in 2007 and a minimum value of 7,202,723,000 in 1979.

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 10,754,920,000
1971 10,685,630,000
1972 10,738,670,000
1973 11,288,680,000
1974 9,883,267,000
1975 9,928,603,000
1976 10,830,190,000
1977 11,436,960,000
1978 9,111,391,000
1979 7,202,723,000
1980 7,222,593,000
1981 9,693,387,000
1982 9,919,947,000
1983 8,158,542,000
1984 7,773,578,000
1985 9,705,830,000
1986 11,986,090,000
1987 13,662,960,000
1988 14,836,460,000
1989 15,361,180,000
1990 15,193,360,000
1991 16,051,250,000
1992 16,913,120,000
1993 15,892,420,000
1994 18,151,340,000
1995 18,706,830,000
1996 19,873,990,000
1997 20,857,320,000
1998 23,071,560,000
1999 24,881,680,000
2000 26,015,050,000
2001 25,992,270,000
2002 26,375,860,000
2003 25,934,870,000
2004 26,609,450,000
2005 27,347,670,000
2006 27,783,490,000
2007 27,903,180,000
2008 27,380,530,000
2009 25,543,800,000
2010 26,301,280,000
2011 24,531,080,000
2012 22,170,900,000
2013 21,493,010,000
2014 22,410,720,000
2015 23,195,840,000
2016 24,251,980,000
2017 25,456,040,000
2018 26,422,340,000
2019 27,203,090,000
2020 22,823,560,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts