Iceland | 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
Republic of Iceland
Records
63
Source
Iceland | Taxes less subsidies on products (constant LCU)
1960
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1963
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1965
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1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
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1980
1981
1982
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1984
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1987
1988
1989
1990
1991
1992
1993
1994
65476525000 1995
85475851000 1996
124922071000 1997
129896092000 1998
126448521000 1999
130378280000 2000
139448970000 2001
147462619000 2002
139564022000 2003
163407059000 2004
188018702000 2005
224483697000 2006
243387474000 2007
242973753000 2008
201685570000 2009
198561774000 2010
204931136000 2011
200706269000 2012
223934751000 2013
225733936000 2014
237216125000 2015
256393617000 2016
261703975000 2017
272589633000 2018
279319030000 2019
257676030000 2020
265379118000 2021
286109991000 2022
Iceland | 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
Republic of Iceland
Records
63
Source