Tonga - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Tonga was 184,890,900 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 186,572,500 in 2019 and a minimum value of 6,190,000 in 1980.

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
1980 6,190,000
1981 7,266,000
1982 8,674,000
1983 9,679,000
1984 10,093,000
1985 13,480,000
1986 15,775,000
1987 18,349,000
1988 20,752,000
1989 20,768,000
1990 23,482,000
1991 28,806,000
1992 25,996,000
1993 31,435,000
1994 34,427,000
1995 35,493,000
1996 36,015,000
1997 37,230,000
1998 36,096,000
1999 37,046,000
2000 41,581,000
2001 44,247,400
2002 55,746,700
2003 65,921,100
2004 63,799,100
2005 72,341,900
2006 90,156,700
2007 95,651,200
2008 110,800,000
2009 85,000,000
2010 84,400,000
2011 91,400,000
2012 101,000,000
2013 100,400,000
2014 107,700,000
2015 121,067,800
2016 143,372,400
2017 164,480,300
2018 183,120,300
2019 186,572,500
2020 184,890,900

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts