Greenland GL: GDP: Real: Net Taxes on Product

Greenland GL: GDP: Real: Net Taxes on Product data was reported at 460.800 DKK mn in 2016. This records an increase from the previous number of 371.600 DKK mn for 2015. Greenland GL: GDP: Real: Net Taxes on Product data is updated yearly, averaging 430.800 DKK mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 562.600 DKK mn in 2004 and a record low of 371.600 DKK mn in 2015. Greenland GL: 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 Greenland – Table GL.World Bank.WDI: 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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