Laos vs Mongolia: Taxes on goods and services (% value added of industry and services)
Taxes on goods and services (% value added of industry and services) over time
- Laos
- Mongolia
How they compare
Laos currently reports 10.7% against 10.7% in Mongolia, a difference of 0.0%.
The two have swapped places 4 times across 15 shared years of data; in 2008 it was Mongolia ahead.
Laos ranks 70th and Mongolia ranks 71st of 154 countries.
Across the 3 decades both report, Laos averaged higher in 1 and Mongolia in 2.
Head to head by decade
| Decade | Laos | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.2% | 11.5% | 1.3% | Mongolia |
| 2010s | 12.1% | 11.6% | 0.5% | Laos |
| 2020s | 10.0% | 11.6% | 1.6% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Laos or Mongolia?
- Laos, at 10.7% against 10.7% in Mongolia as of 2022.
- What is the difference in taxes on goods and services between Laos and Mongolia?
- 0.0%, with Laos ahead.
- How many years of comparable data are there for Laos and Mongolia?
- 15 years are reported by both, from 2008 to 2022.
- How do Laos and Mongolia rank globally for taxes on goods and services?
- Laos ranks 70th and Mongolia ranks 71st of 154 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 (% value added of industry and services). 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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.