Laos vs South Asia (IDA & IBRD): Taxes on goods and services
Taxes on goods and services over time
- Laos
- South Asia (IDA & IBRD)
How they compare
Laos currently reports 53.9% against 42.0% in South Asia (IDA & IBRD), a difference of 11.9%.
That makes Laos's figure about 1.3 times South Asia (IDA & IBRD)'s.
Across all 15 years both countries report, Laos has been ahead every year.
Laos ranks 4th and South Asia (IDA & IBRD) ranks 1st of 156 countries.
Laos has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Laos | South Asia (IDA & IBRD) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 44.4% | 32.8% | 11.6% | Laos |
| 2010s | 47.4% | 39.1% | 8.3% | Laos |
| 2020s | 52.3% | 40.9% | 11.3% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Laos or South Asia (IDA & IBRD)?
- Laos, at 53.9% against 42.0% in South Asia (IDA & IBRD) as of 2022.
- What is the difference in taxes on goods and services between Laos and South Asia (IDA & IBRD)?
- 11.9%, with Laos ahead.
- How many years of comparable data are there for Laos and South Asia (IDA & IBRD)?
- 15 years are reported by both, from 2008 to 2022.
- How do Laos and South Asia (IDA & IBRD) rank globally for taxes on goods and services?
- Laos ranks 4th and South Asia (IDA & IBRD) ranks 1st 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.