Libya | Taxes less subsidies on products (current US$)

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 U.S. dollars.
Publisher
The World Bank
Origin
State of Libya
Records
63
Source
Libya | Taxes less subsidies on products (current US$)
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2006 -5241510908.1306
2007 -6682559931.0199
2008 -7953742328.5438
2009 -5191001970.1711
2010 -6702376837.8361
2011 -7863399406.9059
2012 -11957345343.569
2013 -12279154226.606
2014 -9811128354.6333
2015 -5204422738.5415
2016 -3780651908.9302
2017 -4226370660.7418
2018 -5550391950.8279
2019 -5253089396.6063
2020 -3550167983.8494
2021 -3018767617.1384
2022 -3374072208.0539

Libya | Taxes less subsidies on products (current US$)

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 U.S. dollars.
Publisher
The World Bank
Origin
State of Libya
Records
63
Source