Heavily indebted poor countries (HIPC) vs Laos: Taxes on goods and services (% of revenue)
Taxes on goods and services (% of revenue) over time
- Heavily indebted poor countries (HIPC)
- Laos
How they compare
Laos currently reports 53.9% against 36.1% in Heavily indebted poor countries (HIPC), a difference of 17.8%.
That makes Laos's figure about 1.5 times Heavily indebted poor countries (HIPC)'s.
Across all 11 years both countries report, Laos has been ahead every year.
Heavily indebted poor countries (HIPC) ranks 7th and Laos ranks 4th of 41 groups.
Laos has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Laos | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 35.2% | 48.0% | 12.8% | Laos |
| 2020s | 36.1% | 51.5% | 15.3% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Heavily indebted poor countries (HIPC) or Laos?
- Laos, at 53.9% against 36.1% in Heavily indebted poor countries (HIPC) as of 2022.
- What is the difference in taxes on goods and services between Heavily indebted poor countries (HIPC) and Laos?
- 17.8%, with Laos ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Laos?
- 11 years are reported by both, from 2010 to 2021.
- How do Heavily indebted poor countries (HIPC) and Laos rank globally for taxes on goods and services?
- Heavily indebted poor countries (HIPC) ranks 7th and Laos ranks 4th of 41 groups.
- 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.