Uganda - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Uganda was 9,418,450,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 9,822,120,000,000 in 2019 and a minimum value of 1,606,000 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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,606,000
1961 1,642,700
1962 1,807,900
1963 3,101,800
1964 4,918,900
1965 3,880,000
1966 4,910,000
1967 6,780,000
1968 7,840,000
1969 8,680,000
1970 4,600,000
1971 4,600,000
1972 4,600,000
1973 4,600,000
1974 4,600,000
1975 4,600,000
1976 4,600,000
1977 4,600,000
1978 4,600,000
1979 4,600,000
1980 4,600,000
1981 4,600,000
1982 283,000,000
1983 527,000,000
1984 774,833,100
1985 1,479,737,000
1986 2,638,546,000
1987 4,384,261,000
1988 16,780,900,000
1989 37,980,000,000
1990 80,098,000,000
1991 119,495,000,000
1992 156,692,000,000
1993 244,449,000,000
1994 330,831,000,000
1995 445,059,000,000
1996 556,701,000,000
1997 610,522,000,000
1998 687,450,000,000
1999 779,852,000,000
2000 597,671,000,000
2001 638,523,000,000
2002 640,150,000,000
2003 781,252,000,000
2004 834,675,000,000
2005 979,523,000,000
2006 1,106,970,000,000
2007 1,211,540,000,000
2008 1,457,940,000,000
2009 2,689,070,000,000
2010 2,759,750,000,000
2011 3,456,340,000,000
2012 4,597,990,000,000
2013 4,658,690,000,000
2014 5,379,490,000,000
2015 6,495,010,000,000
2016 6,777,780,000,000
2017 7,630,630,000,000
2018 8,644,540,000,000
2019 9,822,120,000,000
2020 9,418,450,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts