Tax revenue (current LCU) in Bhutan
Bhutan: Tax revenue (current LCU) was 22.37 billion current LCU in 2020. ◆ Volatile
Latest (2020)
22.37 billion current LCU
Change on year
down 19.9%
World rank
113th
of 157 countries
All-time high
27.93 billion current LCU
in 2019
All-time low
76.50 million current LCU
in 1982
Years of data
38
1982–2020
Tax revenue in Bhutan, 1982–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, tax revenue in Bhutan stood at 22.37 billion current LCU.
Compared with earlier readings it is down 19.9% on the previous year and up 134.8% over ten years.
Over the whole period, tax revenue in Bhutan peaked at 27.93 billion current LCU in 2019 and was at its lowest, 76.50 million current LCU, in 1982.
Bhutan ranks 113th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU) in Bhutan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1982 | 76.50 million current LCU | — |
| 1983 | 105.00 million current LCU | +37.3% |
| 1984 | 138.60 million current LCU | +32.0% |
| 1985 | 135.90 million current LCU | -1.9% |
| 1986 | 171.50 million current LCU | +26.2% |
| 1988 | 235.90 million current LCU | +37.6% |
| 1989 | 232.50 million current LCU | -1.4% |
| 1990 | 231.70 million current LCU | -0.3% |
| 1991 | 281.60 million current LCU | +21.5% |
| 1992 | 328.20 million current LCU | +16.5% |
| 1993 | 447.10 million current LCU | +36.2% |
| 1994 | 503.30 million current LCU | +12.6% |
| 1995 | 649.80 million current LCU | +29.1% |
| 1996 | 844.20 million current LCU | +29.9% |
| 1997 | 868.90 million current LCU | +2.9% |
| 1998 | 1.25 billion current LCU | +43.4% |
| 1999 | 1.27 billion current LCU | +1.6% |
| 2000 | 1.98 billion current LCU | +56.2% |
| 2001 | 1.92 billion current LCU | -3.0% |
| 2002 | 2.41 billion current LCU | +26.0% |
| 2003 | 2.71 billion current LCU | +12.4% |
| 2004 | 2.45 billion current LCU | -9.8% |
| 2005 | 3.01 billion current LCU | +23.2% |
| 2006 | 3.67 billion current LCU | +21.9% |
| 2007 | 3.72 billion current LCU | +1.2% |
| 2008 | 4.61 billion current LCU | +23.9% |
| 2009 | 5.65 billion current LCU | +22.7% |
| 2010 | 9.53 billion current LCU | +68.5% |
| 2011 | 11.47 billion current LCU | +20.4% |
| 2012 | 14.33 billion current LCU | +24.9% |
| 2013 | 15.15 billion current LCU | +5.7% |
| 2014 | 15.94 billion current LCU | +5.2% |
| 2015 | 17.05 billion current LCU | +6.9% |
| 2016 | 18.83 billion current LCU | +10.5% |
| 2017 | 20.01 billion current LCU | +6.3% |
| 2018 | 27.92 billion current LCU | +39.5% |
| 2019 | 27.93 billion current LCU | +0.0% |
| 2020 | 22.37 billion current LCU | -19.9% |
Bhutan compared with similar countries
- Bhutan's 22.37 billion current LCU is below the median for lower middle income countries, which is 306.46 billion current LCU, 7% of the median. (36 countries reporting)
- Bhutan's 22.37 billion current LCU is below the median for South Asia, which is 1.72 trillion current LCU, 1% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 156.56 million current LCU | 76.50 million current LCU | 235.90 million current LCU | 7 |
| 1990s | 666.70 million current LCU | 231.70 million current LCU | 1.27 billion current LCU | 10 |
| 2000s | 3.21 billion current LCU | 1.92 billion current LCU | 5.65 billion current LCU | 10 |
| 2010s | 17.82 billion current LCU | 9.53 billion current LCU | 27.93 billion current LCU | 10 |
| 2020s | 22.37 billion current LCU | 22.37 billion current LCU | 22.37 billion current LCU | 1 |
Countries ranked near Bhutan
- 110 Luxembourg 24.68 billion current LCU compare
- 111 Vanuatu 23.35 billion current LCU compare
- 112 Georgia 22.57 billion current LCU compare
- 114 Azerbaijan 21.89 billion current LCU compare
- 115 Bulgaria 21.66 billion current LCU compare
- 116 Papua New Guinea 18.45 billion current LCU compare
More public sector data for Bhutan
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Bhutan?
- Tax revenue in Bhutan was 22.37 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Bhutan?
- The highest recorded value was 27.93 billion current LCU in 2019.
- What is the lowest tax revenue recorded in Bhutan?
- The lowest recorded value was 76.50 million current LCU in 1982.
- How does Bhutan rank for tax revenue?
- Bhutan ranks 113th out of 157 countries with data for 2020.
- Is tax revenue rising or falling in Bhutan?
- Over the last ten years it is up 134.8%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.