Eritrea - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Eritrea was $51,707,320 as of 2009. Over the past 17 years, the value for this indicator has fluctuated between $89,428,830 in 2004 and $44,436,360 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
1992 $50,073,090
1993 $62,036,260
1994 $53,555,200
1995 $58,734,380
1996 $68,117,100
1997 $71,037,100
1998 $63,134,380
1999 $59,796,880
2000 $44,436,360
2001 $50,232,100
2002 $70,596,500
2003 $70,608,660
2004 $89,428,830
2005 $73,009,330
2006 $69,983,740
2007 $58,016,260
2008 $48,130,080
2009 $51,707,320

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts