Congo, Republic of CG: GDP: Real: Net Taxes on Product

Congo, Republic of CG: GDP: Real: Net Taxes on Product data was reported at 178,172.000 XAF mn in 2023. This records an increase from the previous number of 174,839.000 XAF mn for 2022. Congo, Republic of CG: GDP: Real: Net Taxes on Product data is updated yearly, averaging 178,172.000 XAF mn from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 386,804.142 XAF mn in 2016 and a record low of 78,819.533 XAF mn in 2007. Congo, Republic of CG: 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 Congo, Republic of – Table CG.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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