St. Lucia - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in St. Lucia was 531,761,100 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 784,046,900 in 2011 and a minimum value of 531,761,100 in 2020.

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
2006 667,060,100
2007 684,667,200
2008 709,664,200
2009 625,797,100
2010 640,129,200
2011 784,046,900
2012 721,782,600
2013 658,296,300
2014 661,452,000
2015 585,414,500
2016 689,819,600
2017 707,299,500
2018 716,641,600
2019 672,114,000
2020 531,761,100

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts