Kenya - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Kenya was $8,086,412,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $8,488,970,000 in 2019 and $58,925,980 in 1960.

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
1960 $58,925,980
1961 $59,065,980
1962 $64,651,980
1963 $69,019,980
1964 $74,479,970
1965 $80,975,970
1966 $97,411,980
1967 $96,291,980
1968 $113,175,900
1969 $124,656,000
1970 $150,415,900
1971 $182,223,900
1972 $178,639,900
1973 $253,670,800
1974 $341,318,000
1975 $379,943,700
1976 $419,497,900
1977 $529,688,900
1978 $697,856,700
1979 $794,615,800
1980 $1,070,324,000
1981 $975,739,100
1982 $847,786,600
1983 $760,213,900
1984 $813,008,300
1985 $750,566,700
1986 $934,379,500
1987 $1,105,546,000
1988 $1,215,962,000
1989 $1,158,422,000
1990 $1,220,994,000
1991 $1,106,664,000
1992 $1,130,510,000
1993 $860,378,600
1994 $1,116,725,000
1995 $1,389,940,000
1996 $1,272,278,000
1997 $1,362,873,000
1998 $1,573,404,000
1999 $1,449,440,000
2000 $1,429,842,000
2001 $1,442,764,000
2002 $1,478,874,000
2003 $1,655,629,000
2004 $1,786,930,000
2005 $2,040,882,000
2006 $2,940,938,000
2007 $3,682,217,000
2008 $3,926,416,000
2009 $3,857,922,000
2010 $4,198,846,000
2011 $4,139,609,000
2012 $5,107,335,000
2013 $5,566,348,000
2014 $5,924,067,000
2015 $6,061,205,000
2016 $6,575,163,000
2017 $7,050,263,000
2018 $7,984,129,000
2019 $8,488,970,000
2020 $8,086,412,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Kenya was 860,805,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 865,790,000,000 in 2019 and a minimum value of 420,900,000 in 1960.

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
1960 420,900,000
1961 421,900,000
1962 461,800,000
1963 493,000,000
1964 532,000,000
1965 578,400,000
1966 695,800,100
1967 687,800,100
1968 808,399,900
1969 890,400,000
1970 1,074,400,000
1971 1,301,600,000
1972 1,276,000,000
1973 1,776,000,000
1974 2,438,000,000
1975 2,790,000,000
1976 3,510,000,000
1977 4,384,002,000
1978 5,394,002,000
1979 5,939,999,000
1980 7,942,001,000
1981 8,827,998,000
1982 9,259,800,000
1983 10,119,600,000
1984 11,718,600,000
1985 12,333,400,000
1986 15,161,000,000
1987 18,191,200,000
1988 21,579,800,000
1989 23,831,600,000
1990 27,978,800,000
1991 30,442,000,000
1992 36,421,400,000
1993 49,903,080,000
1994 62,593,100,000
1995 71,484,340,000
1996 72,666,000,000
1997 80,044,000,000
1998 94,981,200,000
1999 101,934,000,000
2000 108,919,000,000
2001 113,348,000,000
2002 116,460,000,000
2003 125,721,000,000
2004 141,478,000,000
2005 154,197,000,000
2006 212,044,000,000
2007 247,878,000,000
2008 271,611,000,000
2009 298,418,000,000
2010 332,688,000,000
2011 367,642,000,000
2012 431,721,000,000
2013 479,390,000,000
2014 520,857,000,000
2015 595,080,000,000
2016 667,408,000,000
2017 729,074,000,000
2018 808,805,000,000
2019 865,790,000,000
2020 860,805,000,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Kenya was 713,498,000,000 as of 2020. As the graph below shows, over the past 56 years this indicator reached a maximum value of 774,949,000,000 in 2019 and a minimum value of 38,247,500,000 in 1964.

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
1964 38,247,500,000
1965 41,549,010,000
1966 48,650,600,000
1967 48,081,790,000
1968 54,167,400,000
1969 60,042,270,000
1970 61,472,870,000
1971 80,291,650,000
1972 100,620,000,000
1973 117,055,000,000
1974 142,040,000,000
1975 121,226,000,000
1976 122,015,000,000
1977 138,535,000,000
1978 154,085,000,000
1979 170,986,000,000
1980 194,986,000,000
1981 181,497,000,000
1982 159,730,000,000
1983 149,584,000,000
1984 161,841,000,000
1985 159,867,000,000
1986 189,469,000,000
1987 213,548,000,000
1988 240,169,000,000
1989 246,217,000,000
1990 256,325,000,000
1991 250,720,000,000
1992 229,807,000,000
1993 232,237,000,000
1994 232,374,000,000
1995 236,300,000,000
1996 238,250,000,000
1997 243,291,000,000
1998 247,232,000,000
1999 245,049,000,000
2000 252,440,000,000
2001 252,480,000,000
2002 250,797,000,000
2003 254,147,000,000
2004 291,858,000,000
2005 323,874,000,000
2006 359,490,000,000
2007 403,562,000,000
2008 415,654,000,000
2009 428,246,000,000
2010 460,568,000,000
2011 502,876,000,000
2012 557,541,000,000
2013 594,361,000,000
2014 640,615,000,000
2015 651,890,000,000
2016 667,408,000,000
2017 705,356,000,000
2018 747,016,000,000
2019 774,949,000,000
2020 713,498,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts