Taxes on goods and services in Bhutan
Bhutan: Taxes on goods and services was 17.9% in 2020. ▲ Rising
Taxes on goods and services in Bhutan, 1982–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on goods and services in Bhutan is 17.9%, measured in 2020.
Compared with earlier readings it is down 29.2% on the previous year and up 46.3% over ten years.
Over the whole period, taxes on goods and services in Bhutan peaked at 25.3% in 2019 and was at its lowest, 6.3%, in 2001.
That places Bhutan 134th out of 156 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Taxes on goods and services in Bhutan, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1982 | 10.8% | — |
| 1984 | 12.4% | +15.0% |
| 1985 | 9.3% | -25.4% |
| 1986 | 9.5% | +2.8% |
| 1988 | 8.8% | -7.3% |
| 1989 | 9.1% | +2.8% |
| 1990 | 10.7% | +18.6% |
| 1991 | 11.2% | +4.2% |
| 1992 | 11.8% | +5.3% |
| 1993 | 10.4% | -11.6% |
| 1994 | 10.0% | -4.5% |
| 1995 | 9.5% | -4.6% |
| 1996 | 8.7% | -8.9% |
| 1997 | 7.0% | -19.5% |
| 1998 | 10.6% | +52.7% |
| 1999 | 6.8% | -35.9% |
| 2000 | 10.8% | +58.5% |
| 2001 | 6.3% | -41.4% |
| 2002 | 10.4% | +64.1% |
| 2003 | 17.4% | +67.0% |
| 2004 | 7.2% | -58.4% |
| 2005 | 11.8% | +63.0% |
| 2006 | 12.3% | +4.3% |
| 2007 | 8.9% | -28.0% |
| 2008 | 10.2% | +15.5% |
| 2009 | 10.4% | +1.5% |
| 2010 | 12.3% | +18.0% |
| 2011 | 14.9% | +21.8% |
| 2012 | 19.5% | +30.9% |
| 2013 | 23.0% | +17.9% |
| 2014 | 16.8% | -27.1% |
| 2015 | 19.3% | +14.7% |
| 2016 | 18.0% | -6.3% |
| 2017 | 20.6% | +14.2% |
| 2018 | 23.6% | +14.5% |
| 2019 | 25.3% | +7.3% |
| 2020 | 17.9% | -29.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.0% | 8.8% | 12.4% | 6 |
| 1990s | 9.7% | 6.8% | 11.8% | 10 |
| 2000s | 10.6% | 6.3% | 17.4% | 10 |
| 2010s | 19.3% | 12.3% | 25.3% | 10 |
| 2020s | 17.9% | 17.9% | 17.9% | 1 |
Countries ranked near Bhutan
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)
- Net investment in nonfinancial assets 8.6% (2020)
Frequently asked questions
- What is taxes on goods and services in Bhutan?
- Taxes on goods and services in Bhutan was 17.9% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Bhutan?
- The highest recorded value was 25.3% in 2019.
- What is the lowest taxes on goods and services recorded in Bhutan?
- The lowest recorded value was 6.3% in 2001.
- How does Bhutan rank for taxes on goods and services?
- Bhutan ranks 134th out of 156 countries with data for 2020.
- Is taxes on goods and services rising or falling in Bhutan?
- Over the last ten years it is up 46.3%. The long-run trend across the full record is rising.
- 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 Taxes on goods and services (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.