Iceland | Taxes less subsidies on products (current 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 current local currency.
Publisher
The World Bank
Origin
Republic of Iceland
Records
63
Source
Iceland | Taxes less subsidies on products (current LCU)
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1981
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1991
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1994
1995 62344935000
1996 68728144000
1997 72734238000
1998 79791483000
1999 93194451000
2000 95493376000
2001 91704023000
2002 98355138000
2003 107918823000
2004 129530066000
2005 156481642000
2006 179087212000
2007 189569712000
2008 175905662000
2009 157340995000
2010 166789876000
2011 178260874000
2012 193920812000
2013 202576043000
2014 215349948000
2015 237216125000
2016 263658597000
2017 297512071000
2018 311189638000
2019 306145266000
2020 292801883000
2021 340415156000
2022 395357094000

Iceland | Taxes less subsidies on products (current 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 current local currency.
Publisher
The World Bank
Origin
Republic of Iceland
Records
63
Source