United Kingdom - Net taxes on products (current LCU)

Net taxes on products (current LCU) in United Kingdom was at 203522000000 LCU in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 united kingdom 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.


United Kingdom | Economy & Growth

GDP (current US$)
2861090726740 USD
GDP (current LCU)
1872714000000 LCU
GDP (constant 2000 US$)
2682177102132 USD
GDP (constant LCU)
1735905020500 LCU
GNI (current US$)
2821761144871 USD
GNI (current LCU)
1846971000000 LCU
GNI (constant 2000 US$)
2644830196423 USD
GNI (constant LCU)
1711730878781 LCU
Gross savings (current US$)
369030462814 USD
Gross savings (current LCU)
241547221023 LCU