Ukraine - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Ukraine was 596,874,000,000 as of 2020. As the graph below shows, over the past 33 years this indicator reached a maximum value of 596,874,000,000 in 2020 and a minimum value of -1,227,600 in 1992.

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
1987 57,000
1988 61,000
1989 44,900
1990 73,600
1991 -240,600
1992 -1,227,600
1993 8,830,000
1994 1,238,220,000
1995 5,773,491,000
1996 9,430,002,000
1997 12,298,000,000
1998 15,625,000,000
1999 21,977,000,000
2000 25,808,000,000
2001 23,700,000,000
2002 24,616,000,000
2003 27,127,000,000
2004 32,067,000,000
2005 52,851,000,000
2006 70,030,000,000
2007 85,937,000,000
2008 123,880,000,000
2009 116,864,000,000
2010 128,410,000,000
2011 182,278,000,000
2012 196,939,000,000
2013 186,293,000,000
2014 204,196,000,000
2015 299,157,000,000
2016 362,139,000,000
2017 464,321,000,000
2018 542,406,000,000
2019 555,570,000,000
2020 596,874,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts