Taxes less subsidies on products

Annual
constant LCU

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Organisation:World Bank
Publication:Economic Policy & Debt: National accounts: Local currency at constant prices: Aggregate indicators
Series:NY.TAX.NIND.KN
Details: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.
Last Updated:Monday, October 28, 2019
Download Page:https://data.worldbank.org
Download Url:https://data.worldbank.org/indicator/NY.TAX.NIND.KN?locations=DK
Period:1960 - 2023
Date Accessed: Sunday, July 7, 2024