Bangladesh vs European Union: Taxes on goods and services
Taxes on goods and services over time
- Bangladesh
- European Union
How they compare
Bangladesh currently reports 43.2% against 29.2% in European Union, a difference of 14.0%.
That makes Bangladesh's figure about 1.5 times European Union's.
The two have swapped places 1 time across 21 shared years of data; in 2001 it was European Union ahead.
Bangladesh ranks 29th and European Union ranks 31st of 156 countries.
Across the 3 decades both report, Bangladesh averaged higher in 2 and European Union in 1.
Head to head by decade
| Decade | Bangladesh | European Union | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.0% | 33.3% | 5.3% | European Union |
| 2010s | 35.8% | 33.2% | 2.6% | Bangladesh |
| 2020s | 43.0% | 31.3% | 11.7% | Bangladesh |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Bangladesh or European Union?
- Bangladesh, at 43.2% against 29.2% in European Union as of 2021.
- What is the difference in taxes on goods and services between Bangladesh and European Union?
- 14.0%, with Bangladesh ahead.
- How many years of comparable data are there for Bangladesh and European Union?
- 21 years are reported by both, from 2001 to 2021.
- How do Bangladesh and European Union rank globally for taxes on goods and services?
- Bangladesh ranks 29th and European Union ranks 31st 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.
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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.