Bangladesh vs Somalia: Taxes on goods and services
Taxes on goods and services over time
- Bangladesh
- Somalia
How they compare
Somalia currently reports 1.48 trillion current LCU against 1.47 trillion current LCU in Bangladesh, a difference of 12.63 billion current LCU.
The two have swapped places 1 time across 5 shared years of data; in 2017 it was Somalia ahead.
Bangladesh ranks 32nd and Somalia ranks 31st of 157 countries.
Across the 2 decades both report, Bangladesh averaged higher in 1 and Somalia in 1.
Head to head by decade
| Decade | Bangladesh | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.12 trillion current LCU | 1.31 trillion current LCU | 186.31 billion current LCU | Somalia |
| 2020s | 1.32 trillion current LCU | 911.02 billion current LCU | 413.91 billion current LCU | Bangladesh |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Bangladesh or Somalia?
- Somalia, at 1.48 trillion current LCU against 1.47 trillion current LCU in Bangladesh as of 2024.
- What is the difference in taxes on goods and services between Bangladesh and Somalia?
- 12.63 billion current LCU, with Somalia ahead.
- How many years of comparable data are there for Bangladesh and Somalia?
- 5 years are reported by both, from 2017 to 2021.
- How do Bangladesh and Somalia rank globally for taxes on goods and services?
- Bangladesh ranks 32nd and Somalia ranks 31st of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.