St. Kitts and Nevis - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in St. Kitts and Nevis was $121,151,600 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $139,295,900 in 2019 and $4,266,667 in 1977.

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
1977 $4,266,667
1978 $5,933,334
1979 $7,355,556
1980 $9,677,778
1981 $10,696,300
1982 $7,533,334
1983 $8,077,778
1984 $9,870,370
1985 $10,970,370
1986 $15,300,000
1987 $17,940,740
1988 $19,770,370
1989 $24,144,440
1990 $25,751,850
1991 $17,574,070
1992 $19,877,780
1993 $23,566,670
1994 $25,722,220
1995 $35,081,480
1996 $38,951,850
1997 $44,058,870
1998 $45,738,330
1999 $47,799,650
2000 $43,988,430
2001 $47,028,510
2002 $51,948,240
2003 $57,854,150
2004 $65,374,080
2005 $73,174,070
2006 $92,570,370
2007 $88,270,370
2008 $99,140,740
2009 $83,803,700
2010 $85,644,450
2011 $112,500,000
2012 $110,644,400
2013 $117,107,400
2014 $133,640,700
2015 $129,618,500
2016 $129,145,200
2017 $124,290,800
2018 $130,676,300
2019 $139,295,900
2020 $121,151,600

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts