Azerbaijan - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Azerbaijan was $4,232,706,000 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between $5,867,398,000 in 2014 and $23,312,740 in 1994.

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
1992 $38,296,300
1993 $76,820,000
1994 $23,312,740
1995 $187,153,100
1996 $319,655,900
1997 $292,936,900
1998 $183,122,300
1999 $181,068,000
2000 $325,435,800
2001 $449,157,100
2002 $500,102,800
2003 $559,820,800
2004 $626,539,100
2005 $1,030,358,000
2006 $1,191,963,000
2007 $2,240,881,000
2008 $3,504,382,000
2009 $3,662,230,000
2010 $3,745,951,000
2011 $4,030,644,000
2012 $4,519,858,000
2013 $5,145,698,000
2014 $5,867,398,000
2015 $4,915,967,000
2016 $3,202,294,000
2017 $3,012,026,000
2018 $3,756,176,000
2019 $4,422,588,000
2020 $4,232,706,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Azerbaijan was 7,195,600,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 7,518,400,000 in 2019 and a minimum value of 25,500 in 1990.

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
1990 25,500
1991 30,300
1992 413,600
1993 1,536,400
1994 7,320,200
1995 165,200,000
1996 275,000,000
1997 233,500,000
1998 141,700,000
1999 149,200,000
2000 291,200,000
2001 418,300,000
2002 486,200,000
2003 549,800,000
2004 615,700,000
2005 974,100,000
2006 1,064,900,000
2007 1,922,900,000
2008 2,879,200,000
2009 2,943,700,000
2010 3,006,500,000
2011 3,183,000,000
2012 3,550,800,000
2013 4,036,800,000
2014 4,601,800,000
2015 5,036,900,000
2016 5,109,900,000
2017 5,184,300,000
2018 6,385,500,000
2019 7,518,400,000
2020 7,195,600,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Azerbaijan was 2,079,786,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 2,143,004,000 in 2019 and a minimum value of 536,672,600 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 constant local currency.

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

Year Value
2000 536,672,600
2001 657,118,700
2002 736,775,700
2003 819,211,400
2004 902,779,200
2005 974,100,000
2006 1,080,277,000
2007 1,200,184,000
2008 1,387,430,000
2009 1,412,391,000
2010 1,527,783,000
2011 1,654,569,000
2012 1,769,500,000
2013 1,919,251,000
2014 2,012,579,000
2015 2,085,747,000
2016 1,993,974,000
2017 2,043,824,000
2018 2,078,569,000
2019 2,143,004,000
2020 2,079,786,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts