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 > current LCU > Micronesia, Federated States of (historical data)

VIEW DATA:   Values  
Definition     Source      Printable version   
Date   Amount    Rank   
2004   14000000    #45   
2003   13900000    #95   
2002   11000000    #98   
2001   12600000    #49   
2000   13200000    #48   
1999   10900000    #98   
1998   12800000    #24   
1997   10400000    #24   
1983   5700000    #76   


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 current local currency.

 

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