Zimbabwe - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Zimbabwe was $1,205,568,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $2,044,312,000 in 2015 and $46,966,100 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 $46,966,100
1961 $50,879,900
1962 $52,184,600
1963 $57,403,000
1964 $66,535,300
1965 $88,713,700
1966 $48,286,100
1967 $63,286,300
1968 $73,201,000
1969 $77,721,500
1970 $74,291,600
1971 $81,597,300
1972 $93,145,200
1973 $141,685,600
1974 $53,288,200
1975 $105,253,600
1976 $99,744,000
1977 $152,700,700
1978 $86,773,000
1979 $193,144,100
1980 $263,624,300
1981 $509,720,700
1982 $694,643,600
1983 $907,685,400
1984 $607,797,100
1985 $484,077,200
1986 $568,829,600
1987 $600,636,800
1988 $742,656,500
1989 $849,976,400
1990 $876,583,500
1991 $973,745,600
1992 $603,062,400
1993 $567,830,700
1994 $687,607,400
1995 $825,813,000
1996 $954,071,000
1997 $1,008,350,000
1998 $851,560,300
1999 $1,321,562,000
2000 $950,482,200
2001 $657,867,700
2002 $660,313,400
2003 $621,327,100
2004 $448,209,300
2005 $442,714,300
2006 $282,290,600
2007 $98,062,200
2008 $86,000,000
2009 $1,154,919,000
2010 $1,334,036,000
2011 $1,551,252,000
2012 $1,870,991,000
2013 $1,939,839,000
2014 $1,840,739,000
2015 $2,044,312,000
2016 $1,878,043,000
2017 $1,617,432,000
2018 $1,511,982,000
2019 $1,195,859,000
2020 $1,205,568,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Zimbabwe was 77,278,240,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 77,278,240,000 in 2020 and a minimum value of 46,966,100 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 46,966,100
1961 50,879,900
1962 52,184,600
1963 57,403,000
1964 66,535,300
1965 88,713,700
1966 48,286,100
1967 63,286,300
1968 73,201,000
1969 77,721,500
1970 74,291,600
1971 81,597,300
1972 93,145,200
1973 141,685,600
1974 53,288,200
1975 105,253,600
1976 99,744,000
1977 152,700,700
1978 86,773,000
1979 193,144,100
1980 263,624,300
1981 509,720,700
1982 694,643,600
1983 907,685,400
1984 607,797,100
1985 484,077,200
1986 568,829,600
1987 600,636,800
1988 742,656,500
1989 849,976,400
1990 876,583,500
1991 973,745,600
1992 603,062,400
1993 567,830,700
1994 687,607,400
1995 825,813,000
1996 954,071,000
1997 1,008,350,000
1998 851,560,300
1999 1,321,562,000
2000 950,482,200
2001 657,867,700
2002 660,313,400
2003 621,327,100
2004 448,209,300
2005 442,714,300
2006 282,290,600
2007 98,062,200
2008 86,000,000
2009 1,154,919,000
2010 1,334,036,000
2011 1,551,252,000
2012 1,870,991,000
2013 1,939,839,000
2014 1,840,739,000
2015 2,044,312,000
2016 1,878,043,000
2017 2,027,289,000
2018 3,081,570,000
2019 11,621,840,000
2020 77,278,240,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Zimbabwe was 1,898,809,000 as of 2020. As the graph below shows, over the past 11 years this indicator reached a maximum value of 2,100,613,000 in 2018 and a minimum value of 1,277,436,000 in 2009.

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 constant local currency.

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

Year Value
2009 1,277,436,000
2010 1,286,301,000
2011 1,439,441,000
2012 1,870,991,000
2013 1,725,607,000
2014 1,778,749,000
2015 1,938,000,000
2016 1,742,834,000
2017 1,811,295,000
2018 2,100,613,000
2019 1,876,734,000
2020 1,898,809,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts