Taxes on goods and services (current LCU), per unit of GDP in Bangladesh
Bangladesh: Taxes on goods and services (current LCU), per unit of GDP was 3.52 current LCU per US$ of GDP in 2021. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Bangladesh, 2001–2021
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Bangladesh recorded 3.52 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2021.
That represents a change of up 11.1% on the previous year and up 48.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Bangladesh peaked at 3.66 current LCU per US$ of GDP in 2019 and was at its lowest, 1.23 current LCU per US$ of GDP, in 2001.
That places Bangladesh 57th out of 157 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Bangladesh, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2001 | 1.23 current LCU per US$ of GDP | — |
| 2002 | 1.37 current LCU per US$ of GDP | +11.5% |
| 2003 | 1.81 current LCU per US$ of GDP | +31.7% |
| 2004 | 1.54 current LCU per US$ of GDP | -14.7% |
| 2005 | 1.58 current LCU per US$ of GDP | +2.5% |
| 2006 | 1.75 current LCU per US$ of GDP | +10.4% |
| 2007 | 1.77 current LCU per US$ of GDP | +1.3% |
| 2008 | 1.88 current LCU per US$ of GDP | +5.9% |
| 2009 | 1.96 current LCU per US$ of GDP | +4.3% |
| 2010 | 2.09 current LCU per US$ of GDP | +6.7% |
| 2011 | 2.37 current LCU per US$ of GDP | +13.3% |
| 2012 | 2.64 current LCU per US$ of GDP | +11.8% |
| 2013 | 2.68 current LCU per US$ of GDP | +1.4% |
| 2014 | 2.48 current LCU per US$ of GDP | -7.6% |
| 2015 | 2.43 current LCU per US$ of GDP | -1.9% |
| 2016 | 2.18 current LCU per US$ of GDP | -10.4% |
| 2017 | 3.16 current LCU per US$ of GDP | +45.2% |
| 2018 | 3.58 current LCU per US$ of GDP | +13.4% |
| 2019 | 3.66 current LCU per US$ of GDP | +2.1% |
| 2020 | 3.17 current LCU per US$ of GDP | -13.4% |
| 2021 | 3.52 current LCU per US$ of GDP | +11.1% |
Bangladesh compared with similar countries
- Bangladesh's 3.52 current LCU per US$ of GDP is above the median for lower middle income countries, which is 3.52 current LCU per US$ of GDP, 1.0× the median. (37 countries reporting)
- Bangladesh's 3.52 current LCU per US$ of GDP is below the median for South Asia, which is 3.76 current LCU per US$ of GDP, 94% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.66 current LCU per US$ of GDP | 1.23 current LCU per US$ of GDP | 1.96 current LCU per US$ of GDP | 9 |
| 2010s | 2.73 current LCU per US$ of GDP | 2.09 current LCU per US$ of GDP | 3.66 current LCU per US$ of GDP | 10 |
| 2020s | 3.34 current LCU per US$ of GDP | 3.17 current LCU per US$ of GDP | 3.52 current LCU per US$ of GDP | 2 |
Countries ranked near Bangladesh
More public sector data for Bangladesh
- Democracy, annual growth rate -100 % change on previous year (2024)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2024)
- Elected parliament, annual growth rate -100 % change on previous year (2024)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2024)
- Arms imports 32.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.4321 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 8.7 % change on previous year (2024)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Bangladesh?
- Taxes on goods and services (current lcu), per unit of gdp in Bangladesh was 3.52 current LCU per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Bangladesh?
- The highest recorded value was 3.66 current LCU per US$ of GDP in 2019.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Bangladesh?
- The lowest recorded value was 1.23 current LCU per US$ of GDP in 2001.
- How does Bangladesh rank for taxes on goods and services (current lcu), per unit of gdp?
- Bangladesh ranks 57th out of 157 countries with data for 2021.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Bangladesh?
- Over the last ten years it is up 48.8%. The long-run trend across the full record is rising.
- Where does this Bangladesh data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.