Tuvalu - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Tuvalu was 6,193,100 as of 2015. As the graph below shows, over the past 15 years this indicator reached a maximum value of 6,193,100 in 2015 and a minimum value of 1,986,000 in 2010.

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
2000 3,391,500
2001 3,910,700
2002 3,727,700
2003 3,418,200
2004 2,973,700
2005 2,787,800
2006 2,482,000
2007 2,578,000
2008 2,597,000
2009 2,235,000
2010 1,986,000
2011 2,127,000
2012 4,074,700
2013 4,648,300
2014 5,305,500
2015 6,193,100

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts