Ireland - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Ireland was $23,314,500,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $31,338,390,000 in 2007 and $546,551,300 in 1974.

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
1970 $571,515,800
1971 $658,215,800
1972 $764,343,000
1973 $756,282,000
1974 $546,551,300
1975 $918,789,200
1976 $1,137,489,000
1977 $991,548,300
1978 $986,356,100
1979 $1,146,755,000
1980 $1,821,526,000
1981 $2,104,308,000
1982 $2,375,200,000
1983 $2,352,342,000
1984 $2,167,893,000
1985 $2,050,986,000
1986 $2,855,152,000
1987 $3,257,768,000
1988 $3,704,433,000
1989 $3,800,542,000
1990 $4,520,690,000
1991 $4,377,150,000
1992 $5,362,115,000
1993 $4,526,474,000
1994 $5,685,277,000
1995 $7,091,533,000
1996 $7,748,996,000
1997 $8,587,575,000
1998 $9,428,526,000
1999 $10,624,350,000
2000 $10,872,520,000
2001 $10,974,730,000
2002 $12,459,430,000
2003 $16,436,250,000
2004 $20,483,210,000
2005 $23,989,990,000
2006 $28,078,170,000
2007 $31,338,390,000
2008 $28,434,620,000
2009 $21,270,560,000
2010 $20,148,090,000
2011 $20,680,680,000
2012 $19,546,400,000
2013 $21,140,020,000
2014 $23,310,360,000
2015 $20,814,130,000
2016 $22,081,650,000
2017 $23,462,000,000
2018 $25,335,640,000
2019 $26,015,190,000
2020 $23,314,500,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Ireland was 20,411,990,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 23,238,750,000 in 2019 and a minimum value of 296,832,000 in 1974.

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
1970 302,389,000
1971 343,457,000
1972 388,592,000
1973 391,981,000
1974 296,832,000
1975 527,385,000
1976 803,750,000
1977 721,748,000
1978 653,165,000
1979 711,447,000
1980 1,125,521,000
1981 1,660,089,000
1982 2,124,854,000
1983 2,403,388,000
1984 2,539,470,000
1985 2,462,619,000
1986 2,694,121,000
1987 2,783,437,000
1988 3,087,645,000
1989 3,404,906,000
1990 3,470,534,000
1991 3,453,134,000
1992 4,001,746,000
1993 3,892,315,000
1994 4,826,800,000
1995 5,616,494,000
1996 6,149,603,000
1997 7,192,953,000
1998 8,407,417,000
1999 9,968,643,000
2000 11,771,730,000
2001 12,253,650,000
2002 13,176,580,000
2003 14,530,440,000
2004 16,466,900,000
2005 19,283,160,000
2006 22,362,370,000
2007 22,866,760,000
2008 19,333,340,000
2009 15,250,090,000
2010 15,197,890,000
2011 14,857,280,000
2012 15,213,710,000
2013 15,917,270,000
2014 17,546,370,000
2015 18,759,700,000
2016 19,949,040,000
2017 20,768,690,000
2018 21,453,520,000
2019 23,238,750,000
2020 20,411,990,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Ireland was 20,130,220,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 24,129,780,000 in 2006 and a minimum value of 8,202,257,000 in 1995.

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
1995 8,202,257,000
1996 9,004,160,000
1997 10,503,900,000
1998 11,985,820,000
1999 13,979,940,000
2000 15,653,220,000
2001 15,549,800,000
2002 15,990,930,000
2003 17,046,930,000
2004 18,904,720,000
2005 21,618,850,000
2006 24,129,780,000
2007 23,545,380,000
2008 19,145,920,000
2009 15,809,220,000
2010 15,904,120,000
2011 15,165,070,000
2012 15,272,090,000
2013 15,898,770,000
2014 17,494,680,000
2015 18,759,700,000
2016 19,950,060,000
2017 20,700,890,000
2018 21,277,220,000
2019 22,837,860,000
2020 20,130,220,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts