Taxes on income, profits and capital gains in Bhutan
Bhutan: Taxes on income, profits and capital gains was 48.9% in 2020. ▲ Rising
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 % of total taxes.
Analysis
In 2020, taxes on income, profits and capital gains in Bhutan stood at 48.9%.
The figure is up 1.1% on the previous year and down 23.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Bhutan peaked at 63.8% in 2010 and was at its lowest, 23.9%, in 1984.
That places Bhutan 36th out of 153 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 38 years of available data.
Taxes on income, profits and capital gains in Bhutan, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1982 | 24.8% | — |
| 1983 | 28.8% | +15.8% |
| 1984 | 23.9% | -17.0% |
| 1985 | 28.6% | +19.5% |
| 1986 | 33.5% | +17.4% |
| 1988 | 30.4% | -9.2% |
| 1989 | 32.8% | +7.7% |
| 1990 | 30.7% | -6.2% |
| 1991 | 25.9% | -15.9% |
| 1992 | 25.1% | -3.0% |
| 1993 | 32.3% | +28.6% |
| 1994 | 32.8% | +1.8% |
| 1995 | 40.6% | +23.5% |
| 1996 | 50.5% | +24.5% |
| 1997 | 56.6% | +12.2% |
| 1998 | 53.6% | -5.4% |
| 1999 | 57.3% | +6.9% |
| 2000 | 53.4% | -6.7% |
| 2001 | 62.2% | +16.3% |
| 2002 | 54.0% | -13.1% |
| 2003 | 46.9% | -13.2% |
| 2004 | 58.0% | +23.7% |
| 2005 | 50.8% | -12.5% |
| 2006 | 49.9% | -1.7% |
| 2007 | 56.7% | +13.6% |
| 2008 | 55.3% | -2.5% |
| 2009 | 58.0% | +5.0% |
| 2010 | 63.8% | +9.9% |
| 2011 | 61.3% | -3.9% |
| 2012 | 52.6% | -14.1% |
| 2013 | 51.6% | -2.0% |
| 2014 | 58.6% | +13.7% |
| 2015 | 56.4% | -3.9% |
| 2016 | 55.3% | -2.0% |
| 2017 | 52.0% | -5.9% |
| 2018 | 47.1% | -9.4% |
| 2019 | 48.4% | +2.7% |
| 2020 | 48.9% | +1.1% |
Bhutan compared with similar countries
- Bhutan's 48.9% is above the median for lower middle income countries, which is 35.7%, 1.4× the median. (35 countries reporting)
- Bhutan's 48.9% is above the median for South Asia, which is 33.0%, 1.5× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 29.0% | 23.9% | 33.5% | 7 |
| 1990s | 40.5% | 25.1% | 57.3% | 10 |
| 2000s | 54.5% | 46.9% | 62.2% | 10 |
| 2010s | 54.7% | 47.1% | 63.8% | 10 |
| 2020s | 48.9% | 48.9% | 48.9% | 1 |
Countries ranked near Bhutan
More public sector data for Bhutan
- Democracy, 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)
- Elected parliament, 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)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in Bhutan?
- Taxes on income, profits and capital gains in Bhutan was 48.9% 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 63.8% in 2010.
- What is the lowest taxes on income, profits and capital gains recorded in Bhutan?
- The lowest recorded value was 23.9% in 1984.
- How does Bhutan rank for taxes on income, profits and capital gains?
- Bhutan ranks 36th 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 down 23.3%. 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 income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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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 as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.