Libya | 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
State of Libya
Records
63
Source
Libya | Taxes less subsidies on products (current LCU)
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2006 -6885100000
2007 -8437700000
2008 -9731900000
2009 -6507100000
2010 -8490500000
2011 -9626000000
2012 -15086100000
2013 -15615300000
2014 -12483700000
2015 -7188400000
2016 -5256500000
2017 -5890800000
2018 -7576100000
2019 -7345200000
2020 -4930000000
2021 -13628000000
2022 -16240000000
Libya | 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
State of Libya
Records
63
Source