Serbia - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Serbia was $9,016,385,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $9,016,385,000 in 2020 and $505,928,000 in 2000.

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
1995 $1,057,740,000
1996 $1,554,581,000
1997 $1,877,899,000
1998 $1,632,701,000
1999 $1,495,862,000
2000 $505,928,000
2001 $1,430,558,000
2002 $2,634,760,000
2003 $3,406,714,000
2004 $4,106,947,000
2005 $4,694,895,000
2006 $5,471,504,000
2007 $7,368,151,000
2008 $8,553,605,000
2009 $7,351,414,000
2010 $6,864,777,000
2011 $7,698,937,000
2012 $6,754,829,000
2013 $7,442,827,000
2014 $7,532,091,000
2015 $6,591,709,000
2016 $6,939,506,000
2017 $7,498,374,000
2018 $8,684,853,000
2019 $8,901,678,000
2020 $9,016,385,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Serbia was 930,160,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 936,898,000,000 in 2019 and a minimum value of 3,744,400,000 in 1995.

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
1995 3,744,400,000
1996 8,348,100,000
1997 11,102,700,000
1998 16,377,300,000
1999 17,444,000,000
2000 31,957,400,000
2001 95,723,900,000
2002 169,674,000,000
2003 196,177,000,000
2004 239,769,000,000
2005 313,214,000,000
2006 367,389,000,000
2007 430,694,000,000
2008 476,637,000,000
2009 496,813,000,000
2010 533,592,000,000
2011 564,589,000,000
2012 594,245,000,000
2013 633,823,000,000
2014 665,877,000,000
2015 717,253,000,000
2016 772,214,000,000
2017 808,017,000,000
2018 870,006,000,000
2019 936,898,000,000
2020 930,160,000,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Serbia was 834,041,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 849,235,000,000 in 2019 and a minimum value of 312,615,000,000 in 1995.

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
1995 312,615,000,000
1996 351,403,000,000
1997 387,735,000,000
1998 389,566,000,000
1999 331,213,000,000
2000 367,329,000,000
2001 440,744,000,000
2002 495,161,000,000
2003 522,231,000,000
2004 599,586,000,000
2005 607,706,000,000
2006 671,765,000,000
2007 729,950,000,000
2008 768,818,000,000
2009 728,456,000,000
2010 725,559,000,000
2011 738,845,000,000
2012 731,079,000,000
2013 721,971,000,000
2014 723,362,000,000
2015 717,253,000,000
2016 755,559,000,000
2017 772,449,000,000
2018 814,886,000,000
2019 849,235,000,000
2020 834,041,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts