Taxes on goods and services (% of revenue) in Laos
Laos: Taxes on goods and services (% of revenue) was 53.9% in 2022. ▲ Rising
Taxes on goods and services in Laos, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Laos recorded 53.9% for taxes on goods and services in 2022.
That represents a change of up 9.2% on the previous year and up 32.6% over ten years.
Over the whole period, taxes on goods and services in Laos peaked at 54.9% in 2016 and was at its lowest, 40.6%, in 2012.
Laos ranks 4th of 156 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Taxes on goods and services (% of revenue) in Laos, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2008 | 43.0% | — |
| 2009 | 45.8% | +6.6% |
| 2010 | 42.0% | -8.3% |
| 2011 | 42.3% | +0.9% |
| 2012 | 40.6% | -4.0% |
| 2013 | 42.6% | +4.7% |
| 2014 | 45.7% | +7.4% |
| 2015 | 45.6% | -0.1% |
| 2016 | 54.9% | +20.3% |
| 2017 | 54.7% | -0.5% |
| 2018 | 52.0% | -4.8% |
| 2019 | 53.5% | +2.9% |
| 2020 | 53.6% | +0.0% |
| 2021 | 49.4% | -7.8% |
| 2022 | 53.9% | +9.2% |
Laos compared with similar countries
- Laos's 53.9% is above the median for lower middle income countries, which is 34.4%, 1.6× the median. (36 countries reporting)
- Laos's 53.9% is above the median for East Asia & Pacific, which is 25.7%, 2.1× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.4% | 43.0% | 45.8% | 2 |
| 2010s | 47.4% | 40.6% | 54.9% | 10 |
| 2020s | 52.3% | 49.4% | 53.9% | 3 |
Countries ranked near Laos
More public sector data for Laos
- 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)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- 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 0 % change on previous year (2025)
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9009 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 133.33 % change on previous year (2024)
Frequently asked questions
- What is taxes on goods and services in Laos?
- Taxes on goods and services in Laos was 53.9% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Laos?
- The highest recorded value was 54.9% in 2016.
- What is the lowest taxes on goods and services recorded in Laos?
- The lowest recorded value was 40.6% in 2012.
- How does Laos rank for taxes on goods and services?
- Laos ranks 4th out of 156 countries with data for 2022.
- Is taxes on goods and services rising or falling in Laos?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is rising.
- Where does this Laos 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.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.