Sri Lanka | 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
Democratic Socialist Republic of Sri Lanka
Records
63
Source
Sri Lanka | Taxes less subsidies on products (current LCU)
1960
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2010 673449171800
2011 601476977500
2012 621642919200
2013 672248550600
2014 729920809600
2015 929641508300
2016 1132333844000
2017 1323850556300
2018 1337736000000
2019 1242152000000
2020 914060000000
2021 977678000000
2022 1176974000000

Sri Lanka | 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
Democratic Socialist Republic of Sri Lanka
Records
63
Source