Korea, Rep. | 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 Korea
Records
63
Source
Korea, Rep. | Taxes less subsidies on products (constant LCU)
1459300000000 1960
1460500000000 1961
1595400000000 1962
1751900000000 1963
1853900000000 1964
2110800000000 1965
2407300000000 1966
2812600000000 1967
3396000000000 1968
3971400000000 1969
4627800000000 1970
5189500000000 1971
5481300000000 1972
6651800000000 1973
7538000000000 1974
7844400000000 1975
9819800000000 1976
12429000000000 1977
14709200000000 1978
15731400000000 1979
14917300000000 1980
15683800000000 1981
17216400000000 1982
20396100000000 1983
22766100000000 1984
24295700000000 1985
27081300000000 1986
31811300000000 1987
35609000000000 1988
38386700000000 1989
43366700000000 1990
47245300000000 1991
48772600000000 1992
50702600000000 1993
56642900000000 1994
62240900000000 1995
67513200000000 1996
71149100000000 1997
64670300000000 1998
75425600000000 1999
83240200000000 2000
87820800000000 2001
92579100000000 2002
94389500000000 2003
98605600000000 2004
1.0287E+14 2005
1.075296E+14 2006
1.100377E+14 2007
1.093898E+14 2008
1.096925E+14 2009
1.179035E+14 2010
1.228151E+14 2011
1.25268E+14 2012
1.26634E+14 2013
1.321726E+14 2014
1.371125E+14 2015
1.431152E+14 2016
1.471054E+14 2017
1.490116E+14 2018
1.501463E+14 2019
1.521854E+14 2020
1.580555E+14 2021
1.546219E+14 2022
Korea, Rep. | 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 Korea
Records
63
Source