Seychelles - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Seychelles was 1,120,000,000 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 1,310,002,000 in 2018 and a minimum value of 98,871,400 in 1981.

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
1978 202,992,500
1979 112,500,200
1980 107,720,800
1981 98,871,400
1982 349,028,300
1983 303,091,200
1984 335,339,100
1985 402,234,200
1986 422,580,300
1987 411,740,500
1988 560,027,400
1989 646,841,500
1990 683,399,600
1991 602,000,700
1992 810,519,500
1993 1,046,825,000
1994 882,728,300
1995 691,929,300
1996 697,245,100
1997 713,250,000
1998 796,358,300
1999 808,305,600
2000 749,431,000
2001 740,287,400
2002 834,356,700
2003 697,522,900
2004 718,453,300
2005 769,558,400
2006 835,237,700
2007 937,591,300
2008 887,191,600
2009 855,678,500
2010 943,756,100
2011 1,163,357,000
2012 1,044,058,000
2013 1,037,826,000
2014 1,090,182,000
2015 1,159,894,000
2016 1,217,873,000
2017 1,270,800,000
2018 1,310,002,000
2019 1,262,500,000
2020 1,120,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts