The Bahamas - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in The Bahamas was 1,007,100,000 as of 2020. As the graph below shows, over the past 41 years this indicator reached a maximum value of 1,756,900,000 in 2019 and a minimum value of 125,900,000 in 1979.

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
1979 125,900,000
1980 146,600,000
1981 152,600,000
1982 157,000,000
1983 179,000,000
1984 254,000,000
1985 303,100,000
1986 322,800,000
1987 335,400,000
1989 432,935,000
1990 425,262,000
1991 454,804,000
1992 476,032,000
1993 410,432,000
1994 497,920,000
1995 523,457,000
1996 555,122,000
1997 562,560,000
1998 617,120,000
1999 538,770,000
2000 713,670,000
2001 575,130,000
2002 615,260,000
2003 560,190,000
2004 561,690,000
2005 585,700,000
2006 830,350,000
2007 786,940,000
2008 778,900,000
2009 677,860,000
2010 638,860,000
2011 711,050,000
2012 959,900,000
2013 890,700,000
2014 940,100,000
2015 1,297,300,000
2016 1,282,500,000
2017 1,305,800,000
2018 1,439,500,000
2019 1,756,900,000
2020 1,007,100,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts