Taxes on goods and services (current LCU), per unit of GDP in Bhutan
Bhutan: Taxes on goods and services (current LCU), per unit of GDP was 4 current LCU per US$ of GDP in 2020. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Bhutan, 1982–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Bhutan recorded 4 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2020.
Compared with earlier readings it is down 7.6% on the previous year and up 109.1% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Bhutan peaked at 4.87 current LCU per US$ of GDP in 2018 and was at its lowest, 0.3797 current LCU per US$ of GDP, in 1982.
That places Bhutan 54th out of 157 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Bhutan, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1982 | 0.3797 current LCU per US$ of GDP | — |
| 1983 | 0.4295 current LCU per US$ of GDP | +13.1% |
| 1984 | 0.6084 current LCU per US$ of GDP | +41.7% |
| 1985 | 0.5475 current LCU per US$ of GDP | -10.0% |
| 1986 | 0.5549 current LCU per US$ of GDP | +1.3% |
| 1988 | 0.57 current LCU per US$ of GDP | +2.7% |
| 1989 | 0.5506 current LCU per US$ of GDP | -3.4% |
| 1990 | 0.5286 current LCU per US$ of GDP | -4.0% |
| 1991 | 0.8057 current LCU per US$ of GDP | +52.4% |
| 1992 | 0.9303 current LCU per US$ of GDP | +15.5% |
| 1993 | 1.24 current LCU per US$ of GDP | +33.0% |
| 1994 | 1.16 current LCU per US$ of GDP | -6.2% |
| 1995 | 1.17 current LCU per US$ of GDP | +0.4% |
| 1996 | 1.26 current LCU per US$ of GDP | +7.9% |
| 1997 | 0.9076 current LCU per US$ of GDP | -27.8% |
| 1998 | 1.43 current LCU per US$ of GDP | +57.4% |
| 1999 | 1.17 current LCU per US$ of GDP | -18.2% |
| 2000 | 1.83 current LCU per US$ of GDP | +56.6% |
| 2001 | 1.1 current LCU per US$ of GDP | -39.8% |
| 2002 | 1.64 current LCU per US$ of GDP | +48.6% |
| 2003 | 1.87 current LCU per US$ of GDP | +14.3% |
| 2004 | 1.02 current LCU per US$ of GDP | -45.5% |
| 2005 | 1.43 current LCU per US$ of GDP | +40.2% |
| 2006 | 1.75 current LCU per US$ of GDP | +22.6% |
| 2007 | 1.13 current LCU per US$ of GDP | -35.3% |
| 2008 | 1.42 current LCU per US$ of GDP | +25.2% |
| 2009 | 1.61 current LCU per US$ of GDP | +13.4% |
| 2010 | 1.91 current LCU per US$ of GDP | +19.0% |
| 2011 | 2.1 current LCU per US$ of GDP | +9.9% |
| 2012 | 3.25 current LCU per US$ of GDP | +54.3% |
| 2013 | 3.63 current LCU per US$ of GDP | +11.8% |
| 2014 | 3.01 current LCU per US$ of GDP | -17.1% |
| 2015 | 3.1 current LCU per US$ of GDP | +3.0% |
| 2016 | 3.23 current LCU per US$ of GDP | +4.2% |
| 2017 | 3.4 current LCU per US$ of GDP | +5.4% |
| 2018 | 4.87 current LCU per US$ of GDP | +43.0% |
| 2019 | 4.33 current LCU per US$ of GDP | -11.0% |
| 2020 | 4 current LCU per US$ of GDP | -7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5201 current LCU per US$ of GDP | 0.3797 current LCU per US$ of GDP | 0.6084 current LCU per US$ of GDP | 7 |
| 1990s | 1.06 current LCU per US$ of GDP | 0.5286 current LCU per US$ of GDP | 1.43 current LCU per US$ of GDP | 10 |
| 2000s | 1.48 current LCU per US$ of GDP | 1.02 current LCU per US$ of GDP | 1.87 current LCU per US$ of GDP | 10 |
| 2010s | 3.28 current LCU per US$ of GDP | 1.91 current LCU per US$ of GDP | 4.87 current LCU per US$ of GDP | 10 |
| 2020s | 4 current LCU per US$ of GDP | 4 current LCU per US$ of GDP | 4 current LCU per US$ of GDP | 1 |
Countries ranked near Bhutan
- 51 Mozambique 5.35 current LCU per US$ of GDP compare
- 52 Ukraine 5.05 current LCU per US$ of GDP compare
- 53 Dominican Republic 5 current LCU per US$ of GDP compare
- 55 Nicaragua 3.76 current LCU per US$ of GDP compare
- 56 Türkiye 3.64 current LCU per US$ of GDP compare
- 57 Bangladesh 3.52 current LCU per US$ of GDP compare
More public sector data for Bhutan
- Arms imports 4.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 5.16 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per square kilometre 104.88 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 12.3% (2020)
- Capital stock, General government, Current prices, Domestic currency 245.49 (2019)
- Taxes on income, profits and capital gains 19.9% (2020)
- Capital stock, General government, Constant prices, Percent of GDP 94.12 (2019)
- Capital stock, General government, Constant prices, Purchasing power 8.39 (2019)
- Taxes on goods and services 17.9% (2020)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Bhutan?
- Taxes on goods and services (current lcu), per unit of gdp in Bhutan was 4 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Bhutan?
- The highest recorded value was 4.87 current LCU per US$ of GDP in 2018.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Bhutan?
- The lowest recorded value was 0.3797 current LCU per US$ of GDP in 1982.
- How does Bhutan rank for taxes on goods and services (current lcu), per unit of gdp?
- Bhutan ranks 54th out of 157 countries with data for 2020.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Bhutan?
- Over the last ten years it is up 109.1%. The long-run trend across the full record is volatile.
- Where does this Bhutan 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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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.