Zambia - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Zambia was 10,460,510,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 22,814,530,000 in 2019 and a minimum value of 64,000 in 1965.

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
1965 64,000
1966 75,000
1967 80,600
1968 95,100
1969 116,000
1970 107,700
1971 99,900
1972 112,500
1973 134,100
1974 158,100
1975 132,200
1976 162,700
1977 189,800
1978 246,400
1979 237,000
1980 221,000
1981 357,300
1982 345,200
1983 632,100
1984 547,500
1985 722,200
1986 1,329,400
1987 2,085,400
1988 1,805,000
1989 5,465,400
1990 13,213,800
1991 20,210,500
1992 60,867,000
1993 157,454,000
1994 313,329,400
1995 392,940,100
1996 519,508,100
1997 688,131,200
1998 791,053,500
1999 933,889,900
2000 1,304,558,000
2001 1,776,028,000
2002 2,036,310,000
2003 2,442,541,000
2004 2,947,127,000
2005 3,571,739,000
2006 4,082,606,000
2007 4,799,256,000
2008 5,719,681,000
2009 5,157,699,000
2010 5,379,621,000
2011 6,296,767,000
2012 7,185,926,000
2013 9,200,910,000
2014 11,298,690,000
2015 9,427,726,000
2016 10,182,300,000
2017 16,197,740,000
2018 21,818,620,000
2019 22,814,530,000
2020 10,460,510,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts