Australia | Taxes less subsidies on products (constant LCU)
Taxes less subsidies 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.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source
Australia | Taxes less subsidies on products (constant LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975 52616000000
1976 52407000000
1977 55113000000
1978 54991000000
1979 56588000000
1980 56770000000
1981 58247000000
1982 60809000000
1983 56857000000
1984 60526000000
1985 65348000000
1986 65889000000
1987 64727000000
1988 68189000000
1989 73127000000
1990 75217000000
1991 73334000000
1992 73298000000
1993 75439000000
1994 78963000000
1995 86051000000
1996 87969000000
1997 90104000000
1998 97038000000
1999 101944000000
2000 104993000000
2001 102526000000
2002 106635000000
2003 112105000000
2004 116187000000
2005 118574000000
2006 121420000000
2007 125209000000
2008 126945000000
2009 125345000000
2010 125296000000
2011 127616000000
2012 129735000000
2013 131840000000
2014 132342000000
2015 132861000000
2016 140169000000
2017 142790000000
2018 144700000000
2019 144007000000
2020 138676000000
2021 144976000000
2022 152545000000
Australia | Taxes less subsidies on products (constant LCU)
Taxes less subsidies 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.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source