Tonga - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Tonga was 169,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 174,166,500 in 2018 and a minimum value of 62,640,690 in 1981.

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
1981 62,640,690
1982 68,519,800
1983 70,626,510
1984 69,141,300
1985 83,769,850
1986 84,385,180
1987 88,418,290
1988 91,680,770
1989 85,193,000
1990 86,684,540
1991 96,652,300
1992 81,452,000
1993 89,288,300
1994 100,299,100
1995 103,707,800
1996 102,192,500
1997 105,725,800
1998 99,700,800
1999 94,857,000
2000 103,742,900
2001 106,093,500
2002 124,281,200
2003 131,930,200
2004 117,889,300
2005 123,783,500
2006 130,417,900
2007 132,476,900
2008 146,871,100
2009 107,336,800
2010 98,859,000
2011 106,909,500
2012 113,107,900
2013 114,949,800
2014 123,484,900
2015 131,770,600
2016 151,421,100
2017 164,480,300
2018 174,166,500
2019 164,806,800
2020 169,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts