The Bahamas - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in The Bahamas was 1,043,200,000 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 1,043,200,000 in 2020 and a minimum value of 526,869,600 in 1993.

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
1989 605,477,900
1990 587,490,000
1991 893,113,800
1992 549,806,000
1993 526,869,600
1994 566,694,100
1995 609,287,500
1996 659,892,900
1997 708,000,000
1998 771,800,000
1999 832,500,000
2000 897,500,000
2001 944,700,000
2002 882,000,000
2003 891,800,000
2004 868,700,000
2005 856,000,000
2006 984,400,000
2007 1,000,000,000
2008 993,800,000
2009 889,300,000
2010 822,500,000
2011 872,700,000
2012 959,900,000
2013 959,600,000
2014 888,000,000
2015 853,600,000
2016 873,500,000
2017 807,800,000
2018 813,500,000
2019 858,400,000
2020 1,043,200,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts