Faroe Islands | Taxes less subsidies on products (current US$)

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 current U.S. dollars.
Publisher
The World Bank
Origin
Faroe Islands
Records
63
Source
Faroe Islands | Taxes less subsidies on products (current US$)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998 148772681.34217
1999 152173663.7501
2000 142432202.12333
2001 146633045.03752
2002 168720488.16461
2003 209952740.52006
2004 231945715.08834
2005 240006936.90584
2006 282405026.72203
2007 345683938.18838
2008 350559842.42068
2009 296929582.47239
2010 297222209.87451
2011 308174474.62259
2012 295935624.07509
2013 299894307.86609
2014 330140025.76763
2015 281365363.70078
2016 302716186.26924
2017 324766734.82366
2018 357408736.77414
2019 359699987.12037
2020 386646473.51514
2021 430738241.86077
2022 388007493.33819

Faroe Islands | Taxes less subsidies on products (current US$)

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 current U.S. dollars.
Publisher
The World Bank
Origin
Faroe Islands
Records
63
Source