FACTOID # 4: Tax makes up half of the of Gross Domestic Product in Denmark and Sweden. In Japan and the United States, it makes up less than 30%.

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## Taxation Statistics > Net taxes on products > constant LCU > Panama (historical data)

 VIEW DATA: Values
Definition     Source      Printable version
 Date Amount Rank 2005 879000000 #87 2004 800900000 #95 2003 757600000 #49 2002 757200000 #98 2001 685700000 #98 2000 678000000 #99 1999 765600000 #25 1998 733000000 #50 1997 646100000 #50 1996 634700000 #103 1995 617792200 #50 1994 606731100 #24 1993 586359100 #48 1992 476907600 #2 1991 431147500 #23 1990 406652000 #91 1989 324100100 #40 1988 304900600 #40 1987 456230900 #5 1986 487971700 #78 1985 419891700 #76 1984 390346500 #36 1983 364660200 #72 1982 362517100 #71 1981 349981700 #71 1980 331816400 #34 1979 666425400 #14 1978 650548300 #28 1977 626839200 #28 1976 532491000 #27 1975 537597200 #27 1974 546653300 #26 1973 512086900 #26 1972 492749500 #26 1971 474648700 #26 1970 431669200 #40

DEFINITION: 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.

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