St. Kitts and Nevis - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in St. Kitts and Nevis was 327,109,300 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 376,098,800 in 2019 and a minimum value of 11,520,000 in 1977.

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
1977 11,520,000
1978 16,020,000
1979 19,860,000
1980 26,130,000
1981 28,880,000
1982 20,340,000
1983 21,810,000
1984 26,650,000
1985 29,620,000
1986 41,310,000
1987 48,440,000
1988 53,380,000
1989 65,190,000
1990 69,530,000
1991 47,450,000
1992 53,670,000
1993 63,630,000
1994 69,450,000
1995 94,720,000
1996 105,170,000
1997 118,840,000
1998 123,370,000
1999 128,930,000
2000 118,650,000
2001 126,850,000
2002 140,120,000
2003 156,050,000
2004 176,510,000
2005 197,570,000
2006 249,940,000
2007 238,330,000
2008 267,680,000
2009 226,270,000
2010 231,240,000
2011 303,750,000
2012 298,740,000
2013 316,190,000
2014 360,830,000
2015 349,970,000
2016 348,692,100
2017 335,585,200
2018 352,826,100
2019 376,098,800
2020 327,109,300

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts