Taxes on goods and services (% value added of industry and services) in Laos
Laos: Taxes on goods and services (% value added of industry and services) was 10.7% in 2022. ▬ Flat
Taxes on goods and services in Laos, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
Laos recorded 10.7% for taxes on goods and services in 2022.
Compared with earlier readings it is up 6.8% on the previous year and down 8.1% over ten years.
Over the whole period, taxes on goods and services in Laos peaked at 13.1% in 2014 and was at its lowest, 9.3%, in 2020.
That places Laos 70th out of 154 countries with data for 2022, putting it in the middle of the range.
Taxes on goods and services (% value added of industry and services) in Laos, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 2008 | 9.8% | — |
| 2009 | 10.6% | +8.6% |
| 2010 | 11.7% | +9.7% |
| 2011 | 11.5% | -1.1% |
| 2012 | 11.7% | +1.1% |
| 2013 | 12.2% | +4.5% |
| 2014 | 13.1% | +7.6% |
| 2015 | 12.9% | -1.4% |
| 2016 | 12.5% | -3.5% |
| 2017 | 12.3% | -1.5% |
| 2018 | 11.6% | -6.0% |
| 2019 | 11.4% | -1.2% |
| 2020 | 9.3% | -18.8% |
| 2021 | 10.0% | +8.3% |
| 2022 | 10.7% | +6.8% |
Laos compared with similar countries
- Laos's 10.7% is above the median for lower middle income countries, which is 8.7%, 1.2× the median. (37 countries reporting)
- Laos's 10.7% is above the median for East Asia & Pacific, which is 7.8%, 1.4× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.2% | 9.8% | 10.6% | 2 |
| 2010s | 12.1% | 11.4% | 13.1% | 10 |
| 2020s | 10.0% | 9.3% | 10.7% | 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 10.7% 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 13.1% in 2014.
- What is the lowest taxes on goods and services recorded in Laos?
- The lowest recorded value was 9.3% in 2020.
- How does Laos rank for taxes on goods and services?
- Laos ranks 70th out of 154 countries with data for 2022.
- Is taxes on goods and services rising or falling in Laos?
- Over the last ten years it is down 8.1%. The long-run trend across the full record is flat.
- 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 (% value added of industry and services). 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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.