Sierra Leone - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Sierra Leone was 503,295,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 1,097,200,000,000 in 1987 and a minimum value of 110,075,000,000 in 1997.

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
1965 391,465,000,000
1966 414,123,000,000
1967 430,361,000,000
1968 465,010,000,000
1969 540,998,000,000
1970 605,565,000,000
1971 628,469,000,000
1972 628,226,000,000
1973 636,453,000,000
1974 666,900,000,000
1975 667,095,000,000
1976 623,609,000,000
1977 589,421,000,000
1978 610,109,000,000
1979 657,382,000,000
1980 691,415,000,000
1981 561,694,000,000
1982 603,527,000,000
1983 499,855,000,000
1984 279,889,000,000
1985 680,404,000,000
1986 792,157,000,000
1987 1,097,200,000,000
1988 553,142,000,000
1989 405,555,000,000
1990 373,778,000,000
1991 387,254,000,000
1992 352,951,000,000
1993 434,972,000,000
1994 406,549,000,000
1995 449,734,000,000
1996 497,084,000,000
1997 110,075,000,000
1998 110,810,000,000
1999 110,626,000,000
2000 130,534,000,000
2001 175,010,000,000
2002 221,243,000,000
2003 241,847,000,000
2004 257,804,000,000
2005 269,419,000,000
2006 280,799,000,000
2007 303,426,000,000
2008 319,806,000,000
2009 330,001,000,000
2010 347,645,000,000
2011 368,934,000,000
2012 388,680,000,000
2013 410,442,000,000
2014 414,011,000,000
2015 421,731,000,000
2016 437,336,000,000
2017 462,646,000,000
2018 487,775,000,000
2019 512,322,000,000
2020 503,295,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts