Lao People's Democratic Republic vs Least developed countries: Taxes on goods and services
Taxes on goods and services over time
- Lao People's Democratic Republic
- Least developed countries
How they compare
Lao People's Democratic Republic currently reports 53.9% against 37.2% in Least developed countries, a difference of 16.7%.
That makes Lao People's Democratic Republic's figure about 1.4 times Least developed countries's.
Across all 11 years both countries report, Lao People's Democratic Republic has been ahead every year.
Lao People's Democratic Republic ranks 4th and Least developed countries ranks 5th of 156 countries.
Lao People's Democratic Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 48.0% | 35.4% | 12.5% | Lao People's Democratic Republic |
| 2020s | 51.5% | 36.2% | 15.3% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Lao People's Democratic Republic or Least developed countries?
- Lao People's Democratic Republic, at 53.9% against 37.2% in Least developed countries as of 2022.
- What is the difference in taxes on goods and services between Lao People's Democratic Republic and Least developed countries?
- 16.7%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Least developed countries?
- 11 years are reported by both, from 2010 to 2021.
- How do Lao People's Democratic Republic and Least developed countries rank globally for taxes on goods and services?
- Lao People's Democratic Republic ranks 4th and Least developed countries ranks 5th 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.