India - Net taxes on products (current LCU)

Net taxes on products (current LCU) in India was reported at 12233930000000 LCU in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



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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.


India | Economy & Growth

Trade in services (% of GDP)
14.5 %
Communications, computer, etc. (% of service imports, BoP)
51.01 %
Income payments
37893770662 USD
Imports of goods and services
491880074571 USD
Insurance and financial services (% of service imports, BoP)
5.15 %
Goods imports
409236978523 USD
Service imports
82643096048 USD
Royalty and license fees, payments
5009034407 USD
Imports of goods, services and income
529773845233 USD
Transport services (% of service imports, BoP)
18.67 %
Travel services (% of service imports, BoP)
17.95 %
Foreign direct investment, net outflows
7514275639 USD
Foreign direct investment, net outflows (% of GDP) WDI
0.3597 %
Private current transfers; payments (BoP; current US$)
2801029500 USD
Workers' remittances and compensation of employees, paid
4882832496 USD
Current account balance
-9.62 USD
Current account balance (% of GDP)
-1.08 %
Net financial account
-6.15 USD
Net income
-9.62 USD
Net trade in goods and services
-4.85 USD
Net trade in goods
-2.59 USD
Net errors and omissions, adjusted
-9.11 USD
Foreign direct investment, net
-0.7242 USD
Private capital flows; total (BoP; current US$)
49869991944
Private capital flows; total (% of GDP)
2.96 %
Portfolio investment, excluding LCFAR
-9.09 USD
Changes in net reserves
44065483031 USD
Net current transfers
64152710185 USD
Net capital account
37069433 USD
Grants; excluding technical cooperation (BoP; current US$)
911220000 USD
Technical cooperation grants (BoP; current US$)
389370000 USD
ICT service exports
105143142166 USD
ICT service exports (% of service exports, BoP)
67.28 %
Communications, computer, etc. (% of service exports, BoP)
69.9 %
Income receipts
14533393863 USD
Exports of goods and services
428630903176 USD
Exports of goods, services, income and workers' remittances
355595024684 USD
Insurance and financial services (% of service exports, BoP)
4.69 %
Goods exports
272352729600 USD
Service exports
156278173576 USD
Royalty and license fees, receipts
466556838 USD
Exports of goods, services and income
443164297038 USD
Transport services (% of service exports, BoP)
9.16 %
Travel services (% of service exports, BoP)
13.45 %
Foreign direct investment, net inflows
44009492130 USD
Foreign direct investment, net inflows (% of GDP)
2.11 %
Profit remittances on FDI
13684345931 USD
Portfolio equity, net inflows
1932581388 USD
Current transfers, receipts
67805662177 USD
Workers' remittances, receipts
65229600361 USD
Workers' remittances and compensation of employees, received
68909693353 USD
Workers' remittances and compensation of employees, received (% of GDP)
3.3 %
CPI Price, nominal
159
CPI Price, nominal, seas. adj.
160
CPI Price, % y-o-y, nominal, seas. adj.
2.08 %
Imports Merchandise, Customs, current US$, millions
360997
Imports Merchandise, Customs, constant US$, millions
424861
Imports Merchandise, Customs, Price, US$
0.8409 USD
Imports Merchandise, Customs, current US$, millions, seas. adj.
360963
Imports Merchandise, Customs, constant US$, millions, seas. adj.
424623
Imports Merchandise, Customs, Price, US$, seas. adj.
0.8409
Official exchange rate, LCU per USD, period average
66.38
Exchange rate, new LCU per USD extended backward, period average
66.38
Exchange rate, old LCU per USD extended forward, period average
66.38
Stock Markets, US$
115 USD
Stock Markets, LCU
166
External debt stocks, total
479558646000 USD
External debt stocks (% of exports of goods, services and income)
108 %
External debt stocks (% of GNI)
23.4 %
Short-term debt (% of total reserves)
23.08 %
Short-term debt (% of exports of goods, services and income)
18.4 %
Present value of external debt
148745095808 USD
Present value of external debt (% of exports of goods, services and income)
33.56 %
Present value of external debt (% of GNI)
7.26 %
Interest payments on external debt (% of exports of goods, services and income)
2.48 %
Interest payments on external debt (% of GNI)
0.5354 %
Total debt service (% of exports of goods, services and income)
10.92 %
Total debt service (% of GNI)
2.34 %
Exports Merchandise, Customs, current US$, millions
17778
Exports Merchandise, Customs, current US$, millions, seas. adj.
17775
Total reserves (includes gold, current US$)
353319058314
Total reserves minus gold
334310990326 USD
Inflation, consumer prices (annual %)
4.94 %
Central government debt, total (% of GDP)
50.3 %
Revenue, excluding grants (% of GDP)
12.61 %
Expense (% of GDP)
16.63 %
Foreign Reserves, Months Import Cover, Goods
0.9982
Industrial Production, constant US$
552921389354 USD
Industrial Production, constant US$, seas. adj.
573988502522
General government final consumption expenditure
215686016939 USD
General government final consumption expenditure (current LCU)
14120640000000 LCU
General government final consumption expenditure (constant 2000 US$)
224451914260 USD
General government final consumption expenditure (annual % growth)
2.89 %
General government final consumption expenditure (constant LCU)
11029610000000 LCU
General government final consumption expenditure (% of GDP)
10.33 %
Household final consumption expenditure, etc.
1237438004537 USD
Household final consumption expenditure, etc. (current LCU)
81013210000000 LCU
Household final consumption expenditure, etc. (constant 2000 US$)
1287585074002 USD
Household final consumption expenditure, etc. (annual % growth)
9.73 %
Household final consumption expenditure, etc. (constant LCU)
64114510000000 LCU
Household final consumption expenditure, etc. (% of GDP)
59.24 %
Household final consumption expenditure
1206613867738 USD
Household final consumption expenditure (current LCU)
78995200000000 LCU
Household final consumption expenditure (constant 2000 US$)
1294840374605 USD
Household final consumption expenditure (annual % growth)
7.33 %
Household final consumption expenditure (constant LCU)
63660430000000 LCU
Household final consumption expenditure per capita (constant 2000 US$)
988 USD
Household final consumption expenditure per capita growth (annual %)
6.04 %
Household final consumption expenditure, PPP (current international $)
4097786514438
Household final consumption expenditure, PPP (constant 2005 international $)
4251067967214
Final consumption expenditure, etc.
1453124021476 USD
Final consumption expenditure, etc. (current LCU)
95133850000000 LCU
Final consumption expenditure, etc. (constant 2000 US$)
1512553370931 USD
Final consumption expenditure, etc. (annual % growth)
8.67 %
Final consumption expenditure, etc. (constant LCU)
75144120000000 LCU
Final consumption expenditure, etc. (% of GDP)
69.57 %
Final consumption expenditure
1422299884677 USD
Final consumption expenditure (current LCU)
93115840000000 LCU
Final consumption expenditure (constant 2000 US$)
1519307555365 USD
Final consumption expenditure (constant LCU)
74690040000000 LCU
Gross national expenditure deflator (base year varies by country)
122
Gross national expenditure
2137150690790 USD
Gross national expenditure (current LCU)
139916050000000 LCU
Gross national expenditure (constant 2000 US$)
2319725645411 USD
Gross national expenditure (constant LCU)
114921500000000 LCU
Gross national expenditure (% of GDP)
102 %
Exports of goods and services
416787157182 USD
Exports of goods and services (current LCU)
27286430000000 LCU
Exports of goods and services (constant 2000 US$)
479300192166 USD
Exports of goods and services (annual % growth)
-5.36 %
Exports of goods and services (constant LCU)
23757800000000 LCU
Exports of goods and services (% of GDP)
19.95 %
Gross fixed capital formation; private sector (current LCU)
29806840000000 LCU
Gross fixed capital formation; private sector (% of GDP)
21.8 %
Gross fixed capital formation
609334107242 USD
Gross fixed capital formation (current LCU)
39892190000000 LCU
Gross fixed capital formation (constant 2000 US$)
732791473644 USD
Gross fixed capital formation (annual % growth)
6.11 %
Gross fixed capital formation (constant LCU)
35352960000000 LCU
Gross fixed capital formation (% of GDP)
29.17 %
Changes in inventories
74692562072 USD
Changes in inventories (current LCU)
4890010000000 LCU
Changes in inventories (constant LCU)
4424420000000 LCU
Gross capital formation
684026669314 USD
Gross capital formation (current LCU)
44782200000000 LCU
Gross capital formation (constant 2000 US$)
805600804708 USD
Gross capital formation (annual % growth)
5.68 %
Gross capital formation (constant LCU)
39777380000000 LCU
Gross capital formation (% of GDP)
32.75 %
Imports of goods and services
465096496789 USD
Imports of goods and services (current LCU)
30449170000000 LCU
Imports of goods and services (constant 2000 US$)
502398691693 USD
Imports of goods and services (annual % growth)
-5.86 %
Imports of goods and services (constant LCU)
25104010000000 LCU
Imports of goods and services (% of GDP)
22.27 %
External balance on goods and services
-6.07 USD
External balance on goods and services (current LCU)
0 LCU
External balance on goods and services (constant LCU)
-9.6 LCU
External balance on goods and services (% of GDP)
-2.31 %
Trade (% of GDP)
42.22 %
Nominal Effecive Exchange Rate
79.35
Agriculture, value added
331901601534 USD
Agriculture, value added (current LCU)
21729100000000 LCU
Agriculture, value added (constant 2000 US$)
327992395231 USD
Agriculture, value added (annual % growth)
0.7606 %
Agriculture, value added (constant LCU)
16164610000000 LCU
Agriculture, value added (% of GDP)
17.45 %
Manufacturing, value added
315433070866 USD
Manufacturing, value added (current LCU)
20650930000000 LCU
Manufacturing, value added (constant 2000 US$)
381215681277 USD
Manufacturing, value added (annual % growth)
10.56 %
Manufacturing, value added (constant LCU)
18638350000000 LCU
Manufacturing, value added (% of GDP)
16.58 %
Industry, value added
562615303543 USD
Industry, value added (current LCU)
36833580000000 LCU
Industry, value added (constant 2000 US$)
670026166646 USD
Industry, value added (annual % growth)
8.22 %
Industry, value added (constant LCU)
32859510000000 LCU
Industry, value added (% of GDP)
29.58 %
Chemicals (% of value added in manufacturing)
15.97 %
Food, beverages and tobacco (% of value added in manufacturing)
9.92 %
Machinery and transport equipment (% of value added in manufacturing)
19.65 %
Other manufacturing (% of value added in manufacturing)
45.6 %
Textiles and clothing (% of value added in manufacturing)
8.86 %
Services, etc., value added
1007457021316 USD
Services, etc., value added (current LCU)
65956700000000 LCU
Services, etc., value added (constant 2000 US$)
1118775789001 USD
Services, etc., value added (annual % growth)
9.84 %
Services, etc., value added (constant LCU)
55673080000000 LCU
Services, etc., value added (% of GDP)
52.97 %
Adjusted savings: education expenditure
63584752000 USD
Adjusted savings: education expenditure (% of GNI)
3.08 %
Adjusted savings: carbon dioxide damage
26208696969 USD
Adjusted savings: carbon dioxide damage (% of GNI)
3.42 %
Adjusted savings: net forest depletion
7352670228 USD
Adjusted savings: net forest depletion (% of GNI)
0.3562 %
Adjusted savings: consumption of fixed capital
240323462954 USD
Adjusted savings: consumption of fixed capital (% of GNI)
11.64 %
Adjusted savings: mineral depletion
2423101753 USD
Adjusted savings: mineral depletion (% of GNI)
0.1174 %
Adjusted savings: energy depletion
8966257567 USD
Adjusted savings: energy depletion (% of GNI)
0.4343 %
Adjusted savings: particulate emission damage
24323245314 USD
Adjusted savings: particulate emission damage (% of GNI)
1.18 %
Adjusted savings: natural resources depletion (% of GNI)
0.9078 %
Adjusted savings: gross savings (% of GNI)
32.72 %
Adjusted savings: net national savings
435140537046 USD
Adjusted savings: net national savings (% of GNI)
21.08 %
Adjusted net national income
1805374507497 USD
Adjusted net national income (constant 2000 US$)
1958778974687 USD
Adjusted net national income (annual % growth)
7.82 %
Adjusted net national income per capita
1377 USD
Adjusted net national income per capita (constant 2010 US$)
1494 USD
Adjusted net national income per capita (annual % growth)
6.53 %
Adjusted net savings, including particulate emission damage
385112901516 USD
Adjusted net savings, including particulate emission damage (% of GNI)
18.65 %
Adjusted net savings, excluding particulate emission damage
409436146831 USD
Adjusted net savings, excluding particulate emission damage (% of GNI)
19.83 %
Exports as a capacity to import (constant LCU)
22496469085505 LCU
Inflation, GDP deflator (annual %)
1.9 %
GDP deflator (base year varies by country)
120
Discrepancy in expenditure estimate of GDP (current LCU)
2018010000000 LCU
Discrepancy in expenditure estimate of GDP (constant LCU)
454080000000 LCU
Gross value added at factor cost
1901973926392 USD
Gross value added at factor cost (current LCU)
124519380000000 LCU
Gross value added at factor cost (constant 2000 US$)
2117726884061 USD
Gross value added at factor cost (constant LCU)
104697200000000 LCU
GDP
2088841351184 USD
GDP (current LCU)
136753310000000 LCU
GDP at market prices: linked series (current LCU)
136753310000000 LCU
GDP (constant 2000 US$)
2296627145883 USD
GDP growth (annual %) 2010
7.93 %
GDP (constant LCU)
113575290000000 LCU
GDP, PPP (current international $)
8003407902797
GDP, PPP (constant 2005 international $)
7516845790977
GDP per capita
1593 USD
GDP per capita (current LCU)
104308 LCU
GDP per capita (constant 2000 US$)
1752 USD
GDP per capita growth (annual %)
6.64 %
GDP per capita (constant LCU)
86629 LCU
GDP per capita, PPP (current international $)
6105
GDP per capita, PPP (constant 2005 international $)
5733
Gross domestic savings
635717329708 USD
Gross domestic savings (current LCU)
41619460000000 LCU
Gross domestic savings (% of GDP)
30.43 %
Gross domestic income (constant LCU)
112313959085505 LCU
GNI, Atlas method
2088462031450 USD
GNI
2064435720996 USD
GNI (current LCU)
135155510000000 LCU
GNI (constant 2000 US$)
2270144213684 USD
GNI growth (annual %)
7.95 %
GNI (constant LCU)
112262920384791 LCU
GNI, PPP (current international $)
7909897587418
GNI, PPP (constant 2011 international $)
7429988165359
GNI per capita, Atlas method
1590 USD
GNI per capita (current LCU)
103089 LCU
GNI per capita (constant 2000 US$)
1732 USD
GNI per capita growth (annual %)
6.65 %
GNI per capita (constant LCU)
85628 LCU
GNI per capita, PPP (current international $)
6030
GNI per capita, PPP (constant 2011 international $)
5667
Gross savings
675464409704 USD
Gross savings (current LCU)
44221641706737 LCU
Gross savings (% of GNI)
32.72 %
Gross savings (% of GDP)
32.34 %
Gross national income (constant LCU)
62491526284669 LCU
Net income from abroad
-8.56 USD
Net income from abroad (current LCU)
0 LCU
Net income from abroad (constant LCU)
-1202920000000 LCU
Net taxes on products
186867424792 USD
Net taxes on products (current LCU)
12233930000000 LCU
Net taxes on products (constant LCU)
8878090000000 LCU
Net current transfers from abroad
63096450965 USD
Net current transfers from abroad (current LCU)
4130830000000 LCU
Net current transfers from abroad (constant LCU)
1674903753206 LCU
Terms of trade adjustment (constant LCU)
-4.55 LCU
DEC alternative conversion factor (LCU per US$)
65.47
PPP conversion factor, GDP (LCU per international $)
17.09
2005 PPP conversion factor, GDP (LCU per international $)
14.67
PPP conversion factor (GDP) to market exchange rate ratio
0.261
PPP conversion factor, private consumption (LCU per international $)
19.28
2005 PPP conversion factor, private consumption (LCU per international $)
15.6
Real Effective Exchange Rate
108
Total Reserves
360297