Laos - Net taxes on products (current LCU)

Net taxes on products (current LCU) in Laos was at 5697552127300 LCU, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 laos net taxes on products current lcu wb data




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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.


Laos | Economy & Growth

GNI (constant 2000 US$)
5201383720 USD
GNI (constant LCU)
17035381797704 LCU