Togo - Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Togo was $697,490,600 as of 2020. Over the past 8 years, the value for this indicator has fluctuated between $706,463,000 in 2013 and $437,140,000 in 2012.

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
2012 $437,140,000
2013 $706,463,000
2014 $663,743,100
2015 $672,946,800
2016 $510,955,400
2017 $561,650,300
2018 $601,265,500
2019 $683,347,900
2020 $697,490,600

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts