Togo - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Togo was 401,466,000,000 as of 2020. As the graph below shows, over the past 8 years this indicator reached a maximum value of 401,466,000,000 in 2020 and a minimum value of 223,185,000,000 in 2012.

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
2012 223,185,000,000
2013 348,922,000,000
2014 327,728,000,000
2015 397,854,000,000
2016 302,795,000,000
2017 326,126,000,000
2018 333,971,000,000
2019 400,381,000,000
2020 401,466,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts