St. Lucia - Net taxes on products (current LCU)

Net taxes on products (current LCU) in St. Lucia was reported at 634232100 LCU in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 st lucia 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.


St. Lucia | Economy & Growth