Nigeria - Net taxes on products (constant LCU)

Net taxes on products (constant LCU) in Nigeria was at 756762770000 LCU, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 nigeria net taxes on products constant 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 constant local currency.


Nigeria | Economy & Growth

Stock Markets, US$
55.88 USD
GDP (current US$)
486792837971 USD
GDP (current LCU)
95177735680000 LCU
GDP (constant 2000 US$)
461848518896 USD
GDP (constant LCU)
69780692720000 LCU
GNI (current US$)
471020834390 USD
GNI (current LCU)
92093993540000 LCU
GNI (constant 2000 US$)
449332509382 USD
GNI (constant LCU)
67889648842504 LCU
Gross savings (current US$)
79575477564 USD
Gross savings (current LCU)
15558597373259 LCU