Eritrea ER: GDP: Net Taxes on Product

Eritrea ER: GDP: Net Taxes on Product data was reported at 795.000 ERN mn in 2009. This records an increase from the previous number of 740.000 ERN mn for 2008. Eritrea ER: GDP: Net Taxes on Product data is updated yearly, averaging 539.780 ERN mn from Dec 1992 (Median) to 2009, with 18 observations. The data reached an all-time high of 1,233.000 ERN mn in 2004 and a record low of 229.500 ERN mn in 1992. Eritrea ER: 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 Eritrea – Table ER.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 Eritrea's Eritrea ER: GDP: Net Taxes on Product in 2009?

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