Taxes less subsidies on products (current LCU) in Algeria was reported at 1567000000000 LCU in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Algeria - Net taxes on products (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2020.


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 algeria net taxes on products current lcu wb data


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.


Algeria | World Bank Development Indicators