Libya | 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
State of Libya
Records
63
Source
Libya | Taxes less subsidies on products (constant LCU)
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
1999
2000
2001
2002
2003
2004
2005
2006 -10572900000
2007 -12498000000
2008 -11988000000
2009 -10434900000
2010 -10887300000
2011 -10607600000
2012 -17218400000
2013 -15615300000
2014 -12906200000
2015 -10025800000
2016 -8861200000
2017 -8502200000
2018 -9428200000
2019 -7631600000
2020 -5358000000
2021 -7039000000
2022 -6952000000
Libya | 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
State of Libya
Records
63
Source