Taxes on goods and services in Bangladesh
Bangladesh: Taxes on goods and services was 1.47 trillion current LCU in 2021. ◆ Volatile
Taxes on goods and services in Bangladesh, 2001–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Bangladesh is 1.47 trillion current LCU, measured in 2021. That is the highest value across all 21 years on record.
The figure is up 23.7% on the previous year and up 381.5% over ten years.
Over the whole period, taxes on goods and services in Bangladesh peaked at 1.47 trillion current LCU in 2021 and was at its lowest, 66.57 billion current LCU, in 2001.
That places Bangladesh 32nd out of 157 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services in Bangladesh, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 66.57 billion current LCU | — |
| 2002 | 75.23 billion current LCU | +13.0% |
| 2003 | 108.95 billion current LCU | +44.8% |
| 2004 | 100.54 billion current LCU | -7.7% |
| 2005 | 109.99 billion current LCU | +9.4% |
| 2006 | 125.52 billion current LCU | +14.1% |
| 2007 | 140.97 billion current LCU | +12.3% |
| 2008 | 171.90 billion current LCU | +21.9% |
| 2009 | 200.56 billion current LCU | +16.7% |
| 2010 | 240.72 billion current LCU | +20.0% |
| 2011 | 304.28 billion current LCU | +26.4% |
| 2012 | 352.58 billion current LCU | +15.9% |
| 2013 | 402.28 billion current LCU | +14.1% |
| 2014 | 428.60 billion current LCU | +6.5% |
| 2015 | 474.40 billion current LCU | +10.7% |
| 2016 | 577.64 billion current LCU | +21.8% |
| 2017 | 928.71 billion current LCU | +60.8% |
| 2018 | 1.15 trillion current LCU | +24.0% |
| 2019 | 1.28 trillion current LCU | +11.6% |
| 2020 | 1.18 trillion current LCU | -7.8% |
| 2021 | 1.47 trillion current LCU | +23.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 122.25 billion current LCU | 66.57 billion current LCU | 200.56 billion current LCU | 9 |
| 2010s | 614.60 billion current LCU | 240.72 billion current LCU | 1.28 trillion current LCU | 10 |
| 2020s | 1.32 trillion current LCU | 1.18 trillion current LCU | 1.47 trillion current LCU | 2 |
Countries ranked near Bangladesh
More public sector data for Bangladesh
- Arms imports 75.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 75.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 23.25 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.009 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.66 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 4.03 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 530.85 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in Bangladesh?
- Taxes on goods and services in Bangladesh was 1.47 trillion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Bangladesh?
- The highest recorded value was 1.47 trillion current LCU in 2021.
- What is the lowest taxes on goods and services recorded in Bangladesh?
- The lowest recorded value was 66.57 billion current LCU in 2001.
- How does Bangladesh rank for taxes on goods and services?
- Bangladesh ranks 32nd out of 157 countries with data for 2021.
- Is taxes on goods and services rising or falling in Bangladesh?
- Over the last ten years it is up 381.5%. The long-run trend across the full record is volatile.
- Where does this Bangladesh data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.