Bhutan BT: GDP: Net Taxes on Product

Bhutan BT: GDP: Net Taxes on Product data was reported at 5,256.458 BTN mn in 2022. This records an increase from the previous number of 4,917.632 BTN mn for 2021. Bhutan BT: GDP: Net Taxes on Product data is updated yearly, averaging 681.387 BTN mn from Dec 1980 (Median) to 2022, with 43 observations. The data reached an all-time high of 9,839.676 BTN mn in 2018 and a record low of 17.900 BTN mn in 1980. Bhutan BT: 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 Bhutan – Table BT.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 local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

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