North Macedonia - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in North Macedonia was 75,045,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 91,220,000,000 in 2019 and a minimum value of 84,380,000 in 1990.

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
1990 84,380,000
1991 198,427,000
1992 1,873,177,000
1993 9,463,156,000
1994 31,196,730,000
1995 35,110,700,000
1996 36,115,780,000
1997 35,889,270,000
1998 36,853,970,000
1999 40,531,080,000
2000 39,044,000,000
2001 38,611,000,000
2002 45,379,000,000
2003 36,516,000,000
2004 37,101,000,000
2005 43,600,000,000
2006 43,736,000,000
2007 51,511,000,000
2008 57,740,000,000
2009 56,253,000,000
2010 60,095,000,000
2011 64,811,000,000
2012 63,019,000,000
2013 65,185,000,000
2014 69,502,000,000
2015 70,545,000,000
2016 79,195,000,000
2017 82,380,000,000
2018 86,956,000,000
2019 91,220,000,000
2020 75,045,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts