Luxembourg LU: GDP: USD: Net Taxes on Product

1965 - 2016 | Yearly | USD mn | World Bank

Luxembourg LU: GDP: USD: Net Taxes on Product data was reported at 5.749 USD bn in 2017. This records an increase from the previous number of 5.521 USD bn for 2016. Luxembourg LU: GDP: USD: Net Taxes on Product data is updated yearly, averaging 1.269 USD bn from Dec 1965 (Median) to 2017, with 53 observations. The data reached an all-time high of 7.191 USD bn in 2014 and a record low of 26.892 USD mn in 1965. Luxembourg LU: 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 Luxembourg – Table LU.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 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

View Luxembourg's Luxembourg LU: GDP: USD: Net Taxes on Product from 1965 to 2016 in the chart:

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Luxembourg Luxembourg LU: GDP: USD: Net Taxes on Product
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Luxembourg Luxembourg LU: GDP: USD: Net Taxes on Product

What was Luxembourg's Luxembourg LU: GDP: USD: Net Taxes on Product in 2016?

Last Previous Min Max Unit Frequency Range
5,520.72 2016 5,445.81 2015 26.89 1965 7,191.18 2014 USD mn yearly 1965 - 2016

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Luxembourg Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 169,008.744 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 155,203.765 2029 yearly 1980 - 2029
Forecast: Real GDP Growth (%) 2.287 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 7.0 Sep 2022 quarterly Mar 1996 - Sep 2022
GDP per Capita (USD) 132,485.619 2021 yearly 1995 - 2021
Gross Fixed Capital Formation (USD mn) 3,478.659 Sep 2024 quarterly Mar 1995 - Sep 2024
Gross Savings Rate (%) 52.5 Sep 2022 quarterly Mar 1995 - Sep 2022
Investment: % of GDP (%) 15.6 Sep 2022 quarterly Mar 1995 - Sep 2022
Nominal GDP (USD mn) 22,027.3 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 4.729 Sep 2024 quarterly Mar 1996 - Sep 2024
Private Consumption Expenditure (USD mn) 7,410.312 Sep 2024 quarterly Mar 1995 - Sep 2024
Private Consumption: % of GDP (%) 31.2 Sep 2022 quarterly Mar 1995 - Sep 2022
Public Consumption Expenditure (USD mn) 4,580.023 Sep 2024 quarterly Mar 1995 - Sep 2024
Public Consumption: % of GDP (%) 19.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Real GDP Growth (%) -2.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 399.556 Sep 2024 quarterly Mar 1995 - Sep 2024
Gross National Product (GNP) (USD mn) 55,825.453 2023 yearly 1960 - 2023
Production Last Frequency Range
Industrial Production Index Growth (%) -0.9 Sep 2024 monthly Jan 2011 - Sep 2024
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -17.8 Feb 2013 monthly Jan 2006 - Feb 2013
Construction and Properties Last Frequency Range
Building Permits (Unit) 234.000 Mar 2023 monthly Jan 1992 - Mar 2023
House Prices Growth (%) -8.3 Jun 2024 quarterly Mar 2008 - Jun 2024
Nominal Residential Property Price Index (2010=100) 201.395 Mar 2024 quarterly Mar 2007 - Mar 2024
Nominal Residential Property Price Index Growth (%) -8.291 Jun 2024 quarterly Mar 2008 - Jun 2024
Real Residential Property Price Index (2010=100) 151.361 Mar 2024 quarterly Mar 2007 - Mar 2024
Real Residential Property Price Index Growth (%) -10.440 Jun 2024 quarterly Mar 2008 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.7 2023 yearly 1995 - 2023
Forecast: Government Expenditure (EUR bn) 52.013 2029 yearly 1995 - 2029
Forecast: Government Net Debt (EUR bn) 32.210 2029 yearly 1995 - 2029
Forecast: Government Revenue (EUR bn) 50.231 2029 yearly 1995 - 2029
Government Debt: % of GDP (%) 26.8 Jun 2024 quarterly Dec 1997 - Jun 2024
National Government Debt (USD mn) 23,262.2 Jun 2024 quarterly Dec 1995 - Jun 2024
Tax Revenue (USD mn) 25,176.022 2023 yearly 1995 - 2023
Consolidated Fiscal Balance (%) -0.696 2023 yearly 1995 - 2023
Tax Revenue: % of GDP (%) 29.4 2023 yearly 1995 - 2023

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