Namibia - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Namibia was $581,617,300 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $1,028,393,000 in 2018 and $90,826,820 in 1982.

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
1980 $122,187,700
1981 $92,362,100
1982 $90,826,820
1983 $99,812,200
1984 $94,075,660
1985 $91,938,550
1986 $114,096,000
1987 $140,570,600
1988 $175,197,700
1989 $195,804,900
1990 $223,400,300
1991 $230,655,000
1992 $294,465,200
1993 $299,964,700
1994 $341,321,300
1995 $401,210,100
1996 $373,446,300
1997 $390,751,800
1998 $368,519,500
1999 $401,508,000
2000 $348,865,200
2001 $273,332,000
2002 $288,269,400
2003 $331,261,500
2004 $542,179,100
2005 $605,874,600
2006 $610,819,600
2007 $641,003,600
2008 $622,585,900
2009 $694,615,500
2010 $846,015,900
2011 $932,194,000
2012 $945,216,600
2013 $950,398,500
2014 $936,214,600
2015 $889,016,600
2016 $859,837,600
2017 $983,706,200
2018 $1,028,393,000
2019 $866,169,700
2020 $581,617,300

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Namibia was 9,575,340,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 13,609,650,000 in 2018 and a minimum value of 81,056,980 in 1981.

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
1980 95,159,750
1981 81,056,980
1982 98,619,750
1983 111,200,800
1984 138,789,800
1985 204,903,400
1986 260,709,400
1987 286,201,700
1988 398,311,900
1989 513,537,600
1990 578,003,600
1991 636,907,700
1992 839,814,800
1993 980,194,700
1994 1,211,964,000
1995 1,455,229,000
1996 1,605,558,000
1997 1,800,584,000
1998 2,037,286,000
1999 2,453,013,000
2000 2,421,055,000
2001 2,353,170,000
2002 3,038,561,000
2003 2,505,894,000
2004 3,502,314,000
2005 3,863,723,000
2006 4,133,477,000
2007 4,521,895,000
2008 5,137,393,000
2009 5,920,069,000
2010 6,201,550,000
2011 6,805,016,000
2012 7,744,916,000
2013 9,266,480,000
2014 10,151,280,000
2015 11,452,220,000
2016 12,647,180,000
2017 13,088,210,000
2018 13,609,650,000
2019 12,514,770,000
2020 9,575,340,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Namibia was 7,379,731,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 11,842,010,000 in 2016 and a minimum value of 2,508,205,000 in 1985.

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
1980 2,949,448,000
1981 3,086,569,000
1982 2,970,037,000
1983 2,692,627,000
1984 2,703,466,000
1985 2,508,205,000
1986 2,918,891,000
1987 2,926,753,000
1988 2,772,199,000
1989 2,908,015,000
1990 2,924,011,000
1991 3,055,059,000
1992 3,355,472,000
1993 3,473,114,000
1994 3,675,577,000
1995 4,105,223,000
1996 4,418,080,000
1997 4,888,684,000
1998 5,017,601,000
1999 5,265,092,000
2000 5,328,695,000
2001 4,941,793,000
2002 5,823,715,000
2003 4,666,678,000
2004 6,416,728,000
2005 6,792,309,000
2006 7,071,248,000
2007 7,414,056,000
2008 7,547,504,000
2009 8,149,271,000
2010 8,153,216,000
2011 8,583,544,000
2012 9,344,530,000
2013 10,421,590,000
2014 10,502,470,000
2015 11,452,220,000
2016 11,842,010,000
2017 11,117,570,000
2018 11,164,030,000
2019 10,177,560,000
2020 7,379,731,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts