Switzerland GDP: Net Taxes on Product

Switzerland GDP: Net Taxes on Product data was reported at 19,982.706 CHF mn in 2017. This records a decrease from the previous number of 19,996.479 CHF mn for 2016. Switzerland GDP: Net Taxes on Product data is updated yearly, averaging 16,136.051 CHF mn from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 22,719.642 CHF mn in 2008 and a record low of 4,808.533 CHF mn in 1980. Switzerland GDP: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank: Gross Domestic Product: Nominal. 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 current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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What was Switzerland's Switzerland GDP: Net Taxes on Product in 2017?

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