Kenya - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Kenya was 860,805,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 865,790,000,000 in 2019 and a minimum value of 420,900,000 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 420,900,000
1961 421,900,000
1962 461,800,000
1963 493,000,000
1964 532,000,000
1965 578,400,000
1966 695,800,100
1967 687,800,100
1968 808,399,900
1969 890,400,000
1970 1,074,400,000
1971 1,301,600,000
1972 1,276,000,000
1973 1,776,000,000
1974 2,438,000,000
1975 2,790,000,000
1976 3,510,000,000
1977 4,384,002,000
1978 5,394,002,000
1979 5,939,999,000
1980 7,942,001,000
1981 8,827,998,000
1982 9,259,800,000
1983 10,119,600,000
1984 11,718,600,000
1985 12,333,400,000
1986 15,161,000,000
1987 18,191,200,000
1988 21,579,800,000
1989 23,831,600,000
1990 27,978,800,000
1991 30,442,000,000
1992 36,421,400,000
1993 49,903,080,000
1994 62,593,100,000
1995 71,484,340,000
1996 72,666,000,000
1997 80,044,000,000
1998 94,981,200,000
1999 101,934,000,000
2000 108,919,000,000
2001 113,348,000,000
2002 116,460,000,000
2003 125,721,000,000
2004 141,478,000,000
2005 154,197,000,000
2006 212,044,000,000
2007 247,878,000,000
2008 271,611,000,000
2009 298,418,000,000
2010 332,688,000,000
2011 367,642,000,000
2012 431,721,000,000
2013 479,390,000,000
2014 520,857,000,000
2015 595,080,000,000
2016 667,408,000,000
2017 729,074,000,000
2018 808,805,000,000
2019 865,790,000,000
2020 860,805,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts