The Gambia - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in The Gambia was $160,889,100 as of 2020. Over the past 16 years, the value for this indicator has fluctuated between $160,889,100 in 2020 and $57,592,900 in 2004.

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
2004 $57,592,900
2005 $58,317,790
2006 $70,327,390
2007 $92,099,170
2008 $94,855,740
2009 $100,847,800
2010 $89,172,250
2011 $90,005,020
2012 $87,685,720
2013 $92,948,300
2014 $96,974,870
2015 $120,699,000
2016 $124,778,800
2017 $115,577,000
2018 $132,193,800
2019 $129,432,800
2020 $160,889,100

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts