Laos vs Least developed countries: Taxes on goods and services (% of revenue)
Taxes on goods and services (% of revenue) over time
- Laos
- Least developed countries
How they compare
Laos currently reports 53.9% against 36.1% in Least developed countries, a difference of 17.8%.
That makes Laos's figure about 1.5 times Least developed countries's.
Across all 11 years both countries report, Laos has been ahead every year.
Laos ranks 4th and Least developed countries ranks 7th of 156 countries.
Laos has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Laos | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 48.0% | 34.9% | 13.1% | Laos |
| 2020s | 51.5% | 35.6% | 15.8% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Laos or Least developed countries?
- Laos, at 53.9% against 36.1% in Least developed countries as of 2022.
- What is the difference in taxes on goods and services between Laos and Least developed countries?
- 17.8%, with Laos ahead.
- How many years of comparable data are there for Laos and Least developed countries?
- 11 years are reported by both, from 2010 to 2021.
- How do Laos and Least developed countries rank globally for taxes on goods and services?
- Laos ranks 4th and Least developed countries ranks 7th 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.