Albania - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Albania was $1,854,559,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between $1,938,120,000 in 2019 and $181,390,600 in 1997.

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
1996 $206,145,700
1997 $181,390,600
1998 $302,289,000
1999 $344,040,500
2000 $410,199,400
2001 $415,954,300
2002 $482,287,800
2003 $676,455,000
2004 $877,729,300
2005 $1,007,997,000
2006 $1,197,410,000
2007 $1,373,791,000
2008 $1,713,567,000
2009 $1,622,900,000
2010 $1,560,180,000
2011 $1,679,981,000
2012 $1,645,934,000
2013 $1,631,081,000
2014 $1,682,423,000
2015 $1,385,985,000
2016 $1,460,225,000
2017 $1,646,977,000
2018 $1,899,940,000
2019 $1,938,120,000
2020 $1,854,559,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Albania was 201,498,000,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 212,904,000,000 in 2019 and a minimum value of 21,542,000,000 in 1996.

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
1996 21,542,000,000
1997 26,610,000,000
1998 45,694,000,000
1999 47,512,000,000
2000 59,072,000,000
2001 59,756,000,000
2002 67,716,000,000
2003 81,700,000,000
2004 90,117,000,000
2005 100,669,000,000
2006 117,470,000,000
2007 124,229,000,000
2008 143,759,000,000
2009 154,140,000,000
2010 162,160,000,000
2011 169,503,000,000
2012 178,064,000,000
2013 172,355,000,000
2014 177,462,000,000
2015 174,581,000,000
2016 181,276,000,000
2017 196,155,000,000
2018 205,173,000,000
2019 212,904,000,000
2020 201,498,000,000

Net taxes on products (constant LCU)

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
2010 162,161,000,000
2020 173,372,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts