Gambia GM: GDP: Real: Net Taxes on Product

Gambia GM: GDP: Real: Net Taxes on Product data was reported at 747.463 GMD mn in 2017. This stayed constant from the previous number of 747.463 GMD mn for 2016. Gambia GM: GDP: Real: Net Taxes on Product data is updated yearly, averaging 1,069.751 GMD mn from Dec 2004 to 2017, with 14 observations. The data reached an all-time high of 1,357.328 GMD mn in 2010 and a record low of 747.463 GMD mn in 2017. Gambia GM: GDP: Real: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Gambia – Table GM.World Bank: Gross Domestic Product: Real. Net taxes 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.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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