Somalia - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Somalia was $37,941,640 as of 1990. Over the past 30 years, the value for this indicator has fluctuated between $76,377,820 in 1979 and $16,939,980 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 $16,939,980
1961 $18,003,980
1962 $19,109,970
1963 $20,285,970
1964 $21,517,970
1965 $24,513,850
1966 $25,871,840
1967 $27,285,840
1968 $32,045,810
1969 $34,400,000
1970 $36,214,430
1971 $40,218,140
1972 $47,191,300
1973 $60,845,340
1974 $75,440,820
1975 $71,231,620
1976 $75,981,420
1977 $41,449,420
1978 $71,408,700
1979 $76,377,820
1980 $35,787,500
1981 $56,436,270
1982 $54,492,990
1983 $61,735,890
1984 $32,128,180
1985 $41,131,620
1986 $55,559,840
1987 $44,217,480
1988 $39,205,650
1989 $48,754,300
1990 $37,941,640

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts