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

The value for Net taxes on products (constant LCU) in St. Kitts and Nevis was 288,186,600 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 367,603,900 in 2019 and a minimum value of 42,230,000 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 constant local currency.

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

Year Value
1977 42,230,000
1978 54,930,000
1979 61,550,000
1980 75,480,000
1981 71,700,000
1982 47,750,000
1983 51,290,000
1984 60,120,000
1985 64,430,000
1986 84,610,000
1987 93,500,000
1988 96,290,000
1989 111,260,000
1990 110,290,000
1991 72,760,000
1992 78,160,000
1993 90,860,000
1994 93,310,000
1995 126,280,000
1996 139,310,000
1997 150,040,000
1998 151,520,000
1999 154,060,000
2000 150,430,000
2001 155,640,000
2002 166,140,000
2003 182,000,000
2004 198,240,000
2005 225,560,000
2006 249,930,000
2007 224,150,000
2008 245,140,000
2009 199,730,000
2010 199,580,000
2011 248,160,000
2012 243,800,000
2013 259,180,000
2014 288,030,000
2015 280,230,000
2016 353,290,000
2017 342,541,300
2018 364,742,500
2019 367,603,900
2020 288,186,600

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts