Nauru NR: GDP: Net Taxes on Product

Nauru NR: GDP: Net Taxes on Product data was reported at 11.141 AUD mn in 2015. This records a decrease from the previous number of 14.666 AUD mn for 2014. Nauru NR: GDP: Net Taxes on Product data is updated yearly, averaging 11.141 AUD mn from Dec 2013 (Median) to 2015, with 3 observations. The data reached an all-time high of 14.666 AUD mn in 2014 and a record low of 7.832 AUD mn in 2013. Nauru NR: 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 Nauru – Table NR.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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