Cuba CU: GDP: Real: Net Taxes on Product

Cuba CU: GDP: Real: Net Taxes on Product data was reported at 356.600 CUP mn in 2022. This records a decrease from the previous number of 397.800 CUP mn for 2021. Cuba CU: GDP: Real: Net Taxes on Product data is updated yearly, averaging 382.166 CUP mn from Dec 1970 to 2022, with 53 observations. The data reached an all-time high of 698.000 CUP mn in 2008 and a record low of 197.379 CUP mn in 1970. Cuba CU: 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 Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Real. 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 constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

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