Bahamas vs Laos: Taxes on goods and services (% of revenue)
Taxes on goods and services (% of revenue) over time
- Bahamas
- Laos
How they compare
Bahamas currently reports 58.7% against 53.9% in Laos, a difference of 4.8%.
That makes Bahamas's figure about 1.1 times Laos's.
The two have swapped places 3 times across 15 shared years of data; in 2008 it was Laos ahead.
Bahamas ranks 3rd and Laos ranks 4th of 156 countries.
Across the 3 decades both report, Bahamas averaged higher in 2 and Laos in 1.
Head to head by decade
| Decade | Bahamas | Laos | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 19.7% | 44.4% | 24.6% | Laos |
| 2010s | 51.6% | 47.4% | 4.2% | Bahamas |
| 2020s | 60.9% | 52.3% | 8.7% | Bahamas |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Bahamas or Laos?
- Bahamas, at 58.7% against 53.9% in Laos as of 2024.
- What is the difference in taxes on goods and services between Bahamas and Laos?
- 4.8%, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and Laos?
- 15 years are reported by both, from 2008 to 2022.
- How do Bahamas and Laos rank globally for taxes on goods and services?
- Bahamas ranks 3rd and Laos ranks 4th of 156 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.