Rwanda - Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Rwanda was 779,999,000,000 as of 2020. As the graph below shows, over the past 21 years this indicator reached a maximum value of 788,922,000,000 in 2019 and a minimum value of 59,253,000,000 in 1999.

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
1999 59,253,000,000
2000 61,776,000,000
2001 72,641,000,000
2002 84,263,000,000
2003 103,409,000,000
2004 124,368,000,000
2005 142,974,000,000
2006 163,668,000,000
2007 200,423,000,000
2008 273,226,000,000
2009 304,526,000,000
2010 338,483,000,000
2011 417,328,000,000
2012 383,706,000,000
2013 387,441,000,000
2014 480,110,000,000
2015 543,030,000,000
2016 597,057,000,000
2017 653,537,000,000
2018 691,966,000,000
2019 788,922,000,000
2020 779,999,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts