Bahamas vs Lao People's Democratic Republic: Taxes on goods and services
Taxes on goods and services over time
- Bahamas
- Lao People's Democratic Republic
How they compare
Bahamas currently reports 58.7% against 53.9% in Lao People's Democratic Republic, a difference of 4.8%.
That makes Bahamas's figure about 1.1 times Lao People's Democratic Republic's.
The two have swapped places 3 times across 15 shared years of data; in 2008 it was Lao People's Democratic Republic ahead.
Bahamas ranks 3rd and Lao People's Democratic Republic ranks 4th of 156 countries.
Across the 3 decades both report, Bahamas averaged higher in 2 and Lao People's Democratic Republic in 1.
Head to head by decade
| Decade | Bahamas | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 19.7% | 44.4% | 24.6% | Lao People's Democratic Republic |
| 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 Lao People's Democratic Republic?
- Bahamas, at 58.7% against 53.9% in Lao People's Democratic Republic as of 2024.
- What is the difference in taxes on goods and services between Bahamas and Lao People's Democratic Republic?
- 4.8%, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and Lao People's Democratic Republic?
- 15 years are reported by both, from 2008 to 2022.
- How do Bahamas and Lao People's Democratic Republic rank globally for taxes on goods and services?
- Bahamas ranks 3rd and Lao People's Democratic Republic 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.