Korea, Rep. | 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 Korea
Records
63
Source
Korea, Rep. | Taxes less subsidies on products (current LCU)
17600000000 1960
18000000000 1961
26100000000 1962
28900000000 1963
31700000000 1964
44900000000 1965
68700000000 1966
95400000000 1967
144300000000 1968
192400000000 1969
245600000000 1970
289500000000 1971
311100000000 1972
407000000000 1973
660800000000 1974
975000000000 1975
1465700000000 1976
1937200000000 1977
2722900000000 1978
3468800000000 1979
4293900000000 1980
5297600000000 1981
6121000000000 1982
7733600000000 1983
8298600000000 1984
8891100000000 1985
10186100000000 1986
11829300000000 1987
13752300000000 1988
14884800000000 1989
19223800000000 1990
21530100000000 1991
24986000000000 1992
27574400000000 1993
33315400000000 1994
38977300000000 1995
45712000000000 1996
50784700000000 1997
44420600000000 1998
55797700000000 1999
63654500000000 2000
71616200000000 2001
81402900000000 2002
84179200000000 2003
83668800000000 2004
89528700000000 2005
93380900000000 2006
1.000761E+14 2007
1.057295E+14 2008
1.067397E+14 2009
1.195753E+14 2010
1.206984E+14 2011
1.239348E+14 2012
1.236604E+14 2013
1.282643E+14 2014
1.371125E+14 2015
1.476968E+14 2016
1.566796E+14 2017
1.616519E+14 2018
1.618651E+14 2019
1.686218E+14 2020
1.849384E+14 2021
1.8587E+14 2022
Korea, Rep. | 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 Korea
Records
63
Source