Suriname - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Suriname was $99,417,930 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $435,757,600 in 2013 and $50,000 in 1973.

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
1960 $3,700,000
1961 $3,300,000
1962 $3,200,000
1963 $3,500,000
1964 $4,300,000
1965 $4,550,000
1966 $3,000,000
1967 $2,300,000
1968 $1,700,000
1969 $3,000,000
1970 $4,050,000
1971 $4,100,000
1972 $4,900,000
1973 $50,000
1974 $7,450,000
1975 $97,900,000
1976 $79,300,000
1977 $90,300,000
1978 $117,550,000
1979 $113,150,000
1980 $124,000,000
1981 $135,000,000
1982 $122,500,000
1983 $113,000,000
1984 $107,000,000
1985 $91,500,000
1986 $73,000,000
1987 $69,500,000
1988 $91,000,000
1989 $44,800,000
1990 $27,600,000
1991 $32,300,000
1992 $26,000,000
1993 $7,029,412
1994 $24,395,520
1995 $49,782,800
1996 $82,206,980
1997 $61,382,500
1998 $137,480,000
1999 $111,417,400
2000 $80,082,580
2001 $102,787,200
2002 $114,325,100
2003 $150,714,300
2004 $157,278,700
2005 $165,830,800
2006 $200,459,200
2007 $236,065,600
2008 $241,165,800
2009 $316,575,600
2010 $311,430,000
2011 $405,140,800
2012 $433,333,300
2013 $435,757,600
2014 $425,151,500
2015 $401,557,100
2016 $179,012,900
2017 $94,154,420
2018 $94,874,370
2019 $86,187,260
2020 $99,417,930

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Suriname was 1,322,000,000.00 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,438,000,000.00 in 2013 and a minimum value of 100.00 in 1973.

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
1960 7,400.00
1961 6,600.00
1962 6,400.00
1963 7,000.00
1964 8,600.00
1965 9,100.00
1966 6,000.00
1967 4,600.00
1968 3,400.00
1969 6,000.00
1970 8,100.00
1971 8,200.00
1972 9,800.00
1973 100.00
1974 14,900.00
1975 195,800.00
1976 158,600.00
1977 180,600.00
1978 235,100.00
1979 226,300.00
1980 248,000.00
1981 270,000.00
1982 245,000.00
1983 226,000.00
1984 214,000.00
1985 183,000.00
1986 146,000.00
1987 139,000.00
1988 182,000.00
1989 224,000.00
1990 276,000.00
1991 323,000.00
1992 390,000.00
1993 239,000.00
1994 3,269,000.00
1995 22,004,000.00
1996 32,965,000.00
1997 24,553,000.00
1998 54,992,000.00
1999 95,819,000.00
2000 105,709,000.00
2001 224,076,000.00
2002 268,664,000.00
2003 392,008,000.00
2004 430,000,000.00
2005 453,000,000.00
2006 550,000,000.00
2007 648,000,000.00
2008 662,000,000.00
2009 869,000,000.00
2010 855,000,000.00
2011 1,324,000,000.00
2012 1,430,000,000.00
2013 1,438,000,000.00
2014 1,403,000,000.00
2015 1,372,000,000.00
2016 1,115,000,000.00
2017 705,000,000.00
2018 708,000,000.00
2019 681,000,000.00
2020 1,322,000,000.00

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Suriname was 1,182,000,000 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 1,406,000,000 in 2019 and a minimum value of 1,182,000,000 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
2015 1,372,000,000
2016 1,305,000,000
2017 1,325,000,000
2018 1,391,000,000
2019 1,406,000,000
2020 1,182,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts