Brunei BN: GDP: Real: Net Taxes on Product

Brunei BN: GDP: Real: Net Taxes on Product data was reported at -347.284 BND mn in 2017. This records a decrease from the previous number of -342.734 BND mn for 2016. Brunei BN: GDP: Real: Net Taxes on Product data is updated yearly, averaging -345.009 BND mn from Dec 2016 (Median) to 2017, with 2 observations. The data reached an all-time high of -342.734 BND mn in 2016 and a record low of -347.284 BND mn in 2017. Brunei BN: 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 Brunei – Table BN.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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What was Brunei's Brunei BN: GDP: Real: Net Taxes on Product in 2017?

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