Tonga - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Tonga was $52,503,270 as of 2016. Over the past 36 years, the value for this indicator has fluctuated between $59,590,540 in 2012 and $7,048,509 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 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 $7,048,509
1981 $8,349,805
1982 $8,798,053
1983 $8,719,820
1984 $8,857,394
1985 $9,414,065
1986 $10,544,790
1987 $12,847,640
1988 $17,732,210
1989 $16,502,190
1990 $18,121,620
1991 $22,216,570
1992 $19,297,750
1993 $22,713,150
1994 $26,077,110
1995 $27,927,450
1996 $29,235,330
1997 $29,465,770
1998 $24,193,030
1999 $23,406,840
2000 $25,368,190
2001 $22,607,500
2002 $25,574,230
2003 $30,025,550
2004 $31,186,930
2005 $37,322,340
2006 $44,878,640
2007 $47,761,120
2008 $58,291,240
2009 $40,753,700
2010 $43,755,510
2011 $49,888,110
2012 $59,590,540
2013 $57,907,490
2014 $59,427,250
2015 $55,941,540
2016 $52,503,270

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Tonga was 116,300,000 as of 2016. As the graph below shows, over the past 36 years this indicator reached a maximum value of 116,300,000 in 2016 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 108,700,000
2016 116,300,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Tonga was 98,500,000 as of 2016. As the graph below shows, over the past 35 years this indicator reached a maximum value of 98,500,000 in 2016 and a minimum value of 37,553,900 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 37,553,900
1982 41,078,500
1983 42,341,500
1984 41,451,100
1985 50,221,100
1986 50,590,000
1987 53,007,900
1988 54,963,800
1989 51,074,300
1990 51,968,500
1991 57,944,300
1992 48,831,500
1993 53,529,500
1994 60,130,600
1995 63,966,100
1996 64,872,300
1997 61,413,000
1998 65,747,400
1999 70,142,600
2000 69,488,900
2001 71,916,200
2002 76,127,300
2003 78,691,100
2004 77,194,500
2005 79,455,100
2006 79,633,500
2007 76,222,000
2008 80,800,000
2009 83,600,000
2010 88,100,000
2011 91,400,000
2012 92,300,000
2013 86,300,000
2014 88,400,000
2015 94,200,000
2016 98,500,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts