Kiribati KI: GDP: Real: Net Taxes on Product

Kiribati KI: GDP: Real: Net Taxes on Product data was reported at 7.655 AUD mn in 2009. This records an increase from the previous number of 6.928 AUD mn for 2008. Kiribati KI: GDP: Real: Net Taxes on Product data is updated yearly, averaging 4.518 AUD mn from Dec 1983 to 2009, with 27 observations. The data reached an all-time high of 14.979 AUD mn in 2002 and a record low of 0.825 AUD mn in 1983. Kiribati KI: 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 Kiribati – Table KI.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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