Solomon Islands - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Solomon Islands was 60,500,000 as of 2006. As the graph below shows, over the past 35 years this indicator reached a maximum value of 124,900,000 in 1999 and a minimum value of -37,577,500 in 2001.

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 local currency.

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

Year Value
1971 1,400,000
1972 1,300,000
1973 1,500,000
1974 2,600,000
1975 2,100,000
1976 2,500,000
1977 3,400,000
1978 3,900,000
1979 6,600,000
1980 6,800,000
1981 9,000,000
1982 11,300,000
1983 11,300,000
1984 14,800,000
1985 16,800,000
1986 19,700,000
1987 23,200,000
1988 34,500,000
1989 37,600,000
1990 42,100,000
1991 47,400,000
1992 70,000,000
1993 106,600,000
1994 90,500,000
1995 94,000,000
1996 100,200,000
1997 106,500,000
1998 112,800,000
1999 124,900,000
2000 94,400,000
2001 -37,577,500
2002 40,349,700
2003 55,800,000
2004 61,100,000
2005 60,300,000
2006 60,500,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts