Antigua and Barbuda - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Antigua and Barbuda was $176,333,300 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $204,092,600 in 2018 and $7,362,963 in 1977.

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
1977 $7,362,963
1978 $9,240,741
1979 $11,703,700
1980 $14,829,630
1981 $17,285,190
1982 $20,492,590
1983 $21,377,780
1984 $24,085,190
1985 $28,118,520
1986 $41,411,110
1987 $46,670,370
1988 $54,507,410
1989 $56,970,370
1990 $60,614,820
1991 $61,588,890
1992 $64,522,220
1993 $68,296,300
1994 $76,800,000
1995 $78,844,450
1996 $89,151,850
1997 $92,492,590
1998 $96,318,520
1999 $96,974,070
2000 $84,055,550
2001 $91,607,410
2002 $97,696,300
2003 $103,707,400
2004 $126,248,200
2005 $131,022,200
2006 $154,870,400
2007 $200,592,600
2008 $192,911,100
2009 $156,629,600
2010 $162,174,100
2011 $162,088,900
2012 $176,892,600
2013 $156,929,600
2014 $165,837,000
2015 $179,959,300
2016 $192,340,700
2017 $192,196,300
2018 $204,092,600
2019 $198,418,500
2020 $176,333,300

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Antigua and Barbuda was 476,100,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 551,050,000 in 2018 and a minimum value of 19,880,000 in 1977.

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
1977 19,880,000
1978 24,950,000
1979 31,600,000
1980 40,040,000
1981 46,670,000
1982 55,330,000
1983 57,720,000
1984 65,030,000
1985 75,920,000
1986 111,810,000
1987 126,010,000
1988 147,170,000
1989 153,820,000
1990 163,660,000
1991 166,290,000
1992 174,210,000
1993 184,400,000
1994 207,360,000
1995 212,880,000
1996 240,710,000
1997 249,730,000
1998 260,060,000
1999 261,830,000
2000 226,950,000
2001 247,340,000
2002 263,780,000
2003 280,010,000
2004 340,870,000
2005 353,760,000
2006 418,150,000
2007 541,600,000
2008 520,860,000
2009 422,900,000
2010 437,870,000
2011 437,640,000
2012 477,610,000
2013 423,710,000
2014 447,760,000
2015 485,890,000
2016 519,320,000
2017 518,930,000
2018 551,050,000
2019 535,730,000
2020 476,100,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Antigua and Barbuda was 376,910,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 522,110,000 in 2007 and a minimum value of 74,063,450 in 1977.

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
1977 74,063,450
1978 85,563,230
1979 94,360,400
1980 107,328,800
1981 115,457,100
1982 123,014,100
1983 122,016,500
1984 132,380,300
1985 143,885,200
1986 195,981,300
1987 202,864,100
1988 210,846,700
1989 210,721,400
1990 220,560,000
1991 218,410,000
1992 223,320,000
1993 232,170,000
1994 252,870,000
1995 253,510,000
1996 278,370,000
1997 283,620,000
1998 289,240,000
1999 286,900,000
2000 244,880,000
2001 262,980,000
2002 278,500,000
2003 298,220,000
2004 357,530,000
2005 355,210,000
2006 418,150,000
2007 522,110,000
2008 481,040,000
2009 383,530,000
2010 391,330,000
2011 387,200,000
2012 414,130,000
2013 370,900,000
2014 384,600,000
2015 405,130,000
2016 425,040,000
2017 428,710,000
2018 444,780,000
2019 431,510,000
2020 376,910,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts