Togo - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Togo was 345,953,000,000 as of 2020. As the graph below shows, over the past 8 years this indicator reached a maximum value of 657,671,000,000 in 2013 and a minimum value of 249,401,000,000 in 2014.

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
2012 607,111,000,000
2013 657,671,000,000
2014 249,401,000,000
2015 295,069,000,000
2016 302,795,000,000
2017 289,074,000,000
2018 295,493,000,000
2019 350,780,000,000
2020 345,953,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts