Bhutan vs Luxembourg: Tax revenue
Tax revenue over time
- Bhutan
- Luxembourg
How they compare
Luxembourg currently reports 24.68 billion current LCU against 22.37 billion current LCU in Bhutan, a difference of 2.31 billion current LCU.
That makes Luxembourg's figure about 1.1 times Bhutan's.
The two have swapped places 1 time across 38 shared years of data; in 1982 it was Luxembourg ahead.
Bhutan ranks 113th and Luxembourg ranks 110th of 157 countries.
Across the 5 decades both report, Bhutan averaged higher in 2 and Luxembourg in 3.
Head to head by decade
| Decade | Bhutan | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 156.56 million current LCU | 1.71 billion current LCU | 1.55 billion current LCU | Luxembourg |
| 1990s | 666.70 million current LCU | 3.65 billion current LCU | 2.98 billion current LCU | Luxembourg |
| 2000s | 3.21 billion current LCU | 7.50 billion current LCU | 4.29 billion current LCU | Luxembourg |
| 2010s | 17.82 billion current LCU | 13.02 billion current LCU | 4.80 billion current LCU | Bhutan |
| 2020s | 22.37 billion current LCU | 16.57 billion current LCU | 5.80 billion current LCU | Bhutan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Bhutan or Luxembourg?
- Luxembourg, at 24.68 billion current LCU against 22.37 billion current LCU in Bhutan as of 2024.
- What is the difference in tax revenue between Bhutan and Luxembourg?
- 2.31 billion current LCU, with Luxembourg ahead.
- How many years of comparable data are there for Bhutan and Luxembourg?
- 38 years are reported by both, from 1982 to 2020.
- How do Bhutan and Luxembourg rank globally for tax revenue?
- Bhutan ranks 113th and Luxembourg ranks 110th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.