Andorra - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Andorra was $322,512,000 as of 2019. Over the past 19 years, the value for this indicator has fluctuated between $379,373,100 in 2007 and $115,441,300 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
2000 $115,441,300
2001 $146,013,400
2002 $172,077,900
2003 $216,060,900
2004 $260,839,300
2005 $289,566,000
2006 $323,347,100
2007 $379,373,100
2008 $359,396,500
2009 $322,589,600
2010 $324,870,800
2011 $371,074,600
2012 $366,773,700
2013 $344,122,700
2014 $362,030,000
2015 $302,363,300
2016 $325,481,500
2017 $335,291,500
2018 $345,052,000
2019 $322,512,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Andorra was 175,160,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 296,800,000 in 2017 and a minimum value of 125,300,000 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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 125,300,000
2001 163,170,000
2002 182,850,000
2003 191,430,000
2004 210,080,000
2005 232,840,000
2006 257,740,000
2007 277,170,000
2008 245,360,000
2009 232,200,000
2010 245,050,000
2011 266,580,000
2012 285,460,000
2013 259,090,000
2014 272,500,000
2015 272,520,000
2016 294,040,000
2017 296,800,000
2018 292,190,000
2019 288,100,000
2020 175,160,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts