Lao PDR - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Lao PDR was $2,086,214,000 as of 2020. Over the past 31 years, the value for this indicator has fluctuated between $2,094,612,000 in 2019 and ($343,015) in 1989.

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
1989 ($343,015)
1990 $7,578,947
1991 $14,209,210
1992 $14,174,390
1993 $22,338,570
1994 $32,744,810
1995 $44,016,920
1996 $47,446,310
1997 $35,079,920
1998 $13,476,260
1999 $10,560,370
2000 $13,417,110
2001 $15,866,750
2002 $98,850,350
2003 $113,757,800
2004 $133,046,500
2005 $153,801,900
2006 $194,253,000
2007 $237,439,200
2008 $306,216,100
2009 $328,126,500
2010 $403,685,300
2011 $955,657,200
2012 $903,346,000
2013 $1,096,425,000
2014 $1,218,840,000
2015 $1,521,850,000
2016 $1,835,219,000
2017 $1,939,273,000
2018 $2,022,656,000
2019 $2,094,612,000
2020 $2,086,214,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts