Bermuda BM: GDP: USD: Net Taxes on Product

Bermuda BM: GDP: USD: Net Taxes on Product data was reported at 285.251 USD mn in 2021. This records an increase from the previous number of 260.087 USD mn for 2020. Bermuda BM: GDP: USD: Net Taxes on Product data is updated yearly, averaging 252.063 USD mn from Dec 1996 to 2021, with 22 observations. The data reached an all-time high of 321.956 USD mn in 2017 and a record low of 142.035 USD mn in 1996. Bermuda BM: GDP: USD: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Nominal. 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 current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;

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