São Tomé and Principe - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in São Tomé and Principe was 502,136,300 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 502,136,300 in 2020 and a minimum value of 28,956,400 in 2001.

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
2001 28,956,400
2002 38,317,000
2003 52,994,800
2004 64,877,200
2005 76,071,100
2006 135,445,600
2007 160,852,400
2008 261,644,000
2009 198,984,900
2010 263,890,100
2011 259,433,400
2012 270,635,400
2013 303,973,300
2014 344,188,000
2015 373,602,600
2016 381,397,700
2017 404,147,300
2018 450,114,700
2019 431,318,200
2020 502,136,300

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts