St. Lucia - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in St. Lucia was $247,165,000 as of 2016. Over the past 39 years, the value for this indicator has fluctuated between $247,165,000 in 2016 and $10,681,480 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 U.S. dollars.

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

See also:

Year Value
1977 $10,681,480
1978 $11,159,260
1979 $15,866,670
1980 $18,325,930
1981 $19,314,810
1982 $21,377,780
1983 $24,333,330
1984 $26,877,780
1985 $27,600,000
1986 $36,277,780
1987 $45,014,820
1988 $54,400,000
1989 $60,751,850
1990 $63,851,850
1991 $70,111,110
1992 $79,000,000
1993 $76,437,040
1994 $77,437,040
1995 $79,781,480
1996 $90,407,410
1997 $86,833,340
1998 $108,759,300
1999 $107,270,400
2000 $104,280,200
2001 $93,576,070
2002 $103,361,800
2003 $114,723,700
2004 $129,014,600
2005 $142,494,700
2006 $158,773,900
2007 $168,835,200
2008 $171,964,000
2009 $172,118,500
2010 $170,763,600
2011 $176,870,400
2012 $171,185,900
2013 $201,510,400
2014 $220,293,900
2015 $234,449,400
2016 $247,165,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in St. Lucia was 667,345,600 as of 2016. As the graph below shows, over the past 39 years this indicator reached a maximum value of 667,345,600 in 2016 and a minimum value of 28,840,000 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 28,840,000
1978 30,130,000
1979 42,840,000
1980 49,480,000
1981 52,150,000
1982 57,720,000
1983 65,700,000
1984 72,570,000
1985 74,520,000
1986 97,950,000
1987 121,540,000
1988 146,880,000
1989 164,030,000
1990 172,400,000
1991 189,300,000
1992 213,300,000
1993 206,380,000
1994 209,080,000
1995 215,410,000
1996 244,100,000
1997 234,450,000
1998 293,650,000
1999 289,630,000
2000 281,556,600
2001 252,655,400
2002 279,077,000
2003 309,754,100
2004 348,339,300
2005 384,735,700
2006 428,689,500
2007 455,854,900
2008 464,302,900
2009 464,720,000
2010 461,061,800
2011 477,550,200
2012 462,202,000
2013 544,078,100
2014 594,793,600
2015 633,013,300
2016 667,345,600

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in St. Lucia was 440,166,800 as of 2016. As the graph below shows, over the past 39 years this indicator reached a maximum value of 504,205,000 in 2011 and a minimum value of 100,092,300 in 1978.

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 100,827,000
1978 100,092,300
1979 121,597,400
1980 116,113,600
1981 113,408,300
1982 117,578,300
1983 129,886,200
1984 139,971,500
1985 140,891,300
1986 177,612,100
1987 207,643,900
1988 250,331,800
1989 269,317,400
1990 261,885,400
1991 271,905,000
1992 299,961,200
1993 287,089,500
1994 283,104,100
1995 277,893,400
1996 313,389,000
1997 291,990,600
1998 357,060,700
1999 343,700,300
2000 329,904,800
2001 300,279,500
2002 330,716,300
2003 349,114,300
2004 389,851,900
2005 402,308,200
2006 428,689,500
2007 439,470,500
2008 456,069,400
2009 403,582,400
2010 412,801,000
2011 504,205,000
2012 463,998,000
2013 426,193,300
2014 424,894,300
2015 436,170,000
2016 440,166,800

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts