Taxes on income, profits and capital gains in Bhutan
Bhutan: Taxes on income, profits and capital gains was 10.94 billion current LCU in 2020. ◆ Volatile
Taxes on income, profits and capital gains in Bhutan, 1982–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, taxes on income, profits and capital gains in Bhutan stood at 10.94 billion current LCU.
The figure is down 19.0% on the previous year and up 80.0% over ten years.
Over the whole period, taxes on income, profits and capital gains in Bhutan peaked at 13.50 billion current LCU in 2019 and was at its lowest, 19.00 million current LCU, in 1982.
That places Bhutan 105th out of 153 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 income, profits and capital gains in Bhutan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1982 | 19.00 million current LCU | — |
| 1983 | 30.20 million current LCU | +58.9% |
| 1984 | 33.10 million current LCU | +9.6% |
| 1985 | 38.80 million current LCU | +17.2% |
| 1986 | 57.50 million current LCU | +48.2% |
| 1988 | 71.80 million current LCU | +24.9% |
| 1989 | 76.20 million current LCU | +6.1% |
| 1990 | 71.20 million current LCU | -6.6% |
| 1991 | 72.80 million current LCU | +2.2% |
| 1992 | 82.30 million current LCU | +13.0% |
| 1993 | 144.20 million current LCU | +75.2% |
| 1994 | 165.30 million current LCU | +14.6% |
| 1995 | 263.50 million current LCU | +59.4% |
| 1996 | 426.10 million current LCU | +61.7% |
| 1997 | 492.00 million current LCU | +15.5% |
| 1998 | 667.68 million current LCU | +35.7% |
| 1999 | 725.00 million current LCU | +8.6% |
| 2000 | 1.06 billion current LCU | +45.8% |
| 2001 | 1.19 billion current LCU | +12.8% |
| 2002 | 1.31 billion current LCU | +9.5% |
| 2003 | 1.27 billion current LCU | -2.5% |
| 2004 | 1.42 billion current LCU | +11.5% |
| 2005 | 1.53 billion current LCU | +7.8% |
| 2006 | 1.83 billion current LCU | +19.8% |
| 2007 | 2.11 billion current LCU | +15.0% |
| 2008 | 2.55 billion current LCU | +20.8% |
| 2009 | 3.28 billion current LCU | +28.9% |
| 2010 | 6.08 billion current LCU | +85.2% |
| 2011 | 7.03 billion current LCU | +15.7% |
| 2012 | 7.54 billion current LCU | +7.3% |
| 2013 | 7.81 billion current LCU | +3.6% |
| 2014 | 9.35 billion current LCU | +19.7% |
| 2015 | 9.61 billion current LCU | +2.8% |
| 2016 | 10.41 billion current LCU | +8.3% |
| 2017 | 10.40 billion current LCU | -0.0% |
| 2018 | 13.15 billion current LCU | +26.4% |
| 2019 | 13.50 billion current LCU | +2.7% |
| 2020 | 10.94 billion current LCU | -19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 46.66 million current LCU | 19.00 million current LCU | 76.20 million current LCU | 7 |
| 1990s | 311.01 million current LCU | 71.20 million current LCU | 725.00 million current LCU | 10 |
| 2000s | 1.75 billion current LCU | 1.06 billion current LCU | 3.28 billion current LCU | 10 |
| 2010s | 9.49 billion current LCU | 6.08 billion current LCU | 13.50 billion current LCU | 10 |
| 2020s | 10.94 billion current LCU | 10.94 billion current LCU | 10.94 billion current LCU | 1 |
Countries ranked near Bhutan
- 102 Luxembourg 13.67 billion current LCU compare
- 103 Papua New Guinea 12.36 billion current LCU compare
- 104 Republic of Moldova 11.69 billion current LCU compare
- 106 Macau, China 10.81 billion current LCU compare
- 107 Slovakia 10.42 billion current LCU compare
- 108 Georgia 10.37 billion current LCU 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 income, profits and capital gains in Bhutan?
- Taxes on income, profits and capital gains in Bhutan was 10.94 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Bhutan?
- The highest recorded value was 13.50 billion current LCU in 2019.
- What is the lowest taxes on income, profits and capital gains recorded in Bhutan?
- The lowest recorded value was 19.00 million current LCU in 1982.
- How does Bhutan rank for taxes on income, profits and capital gains?
- Bhutan ranks 105th out of 153 countries with data for 2020.
- Is taxes on income, profits and capital gains rising or falling in Bhutan?
- Over the last ten years it is up 80.0%. The long-run trend across the full record is volatile.
- 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 income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.