South Korea - Net taxes on products (constant LCU)

Net taxes on products (constant LCU) in South Korea was at 143681700000000 LCU in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 south korea 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.


South Korea | Economy & Growth

GDP (current US$)
1377873107856 USD
GDP (current LCU)
1.5585915E+15 LCU
GDP (constant 2000 US$)
1266580310209 USD
GDP (constant LCU)
1.4642441E+15 LCU
Gross domestic income (constant LCU)
1.51336369796188E+15 LCU
GNI (current US$)
1384259486411 USD
GNI (current LCU)
1.5658155E+15 LCU
GNI (constant 2000 US$)
1272539650337 USD
GNI (constant LCU)
1.4711334607085E+15 LCU
Gross savings (current US$)
489824850767 USD
Gross savings (current LCU)
554069053631000 LCU
Gross national income (constant LCU)
1.37359356648895E+15 LCU