Bangladesh—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #23 of 139
Latest Value
43.2%
2021
YoY Change
+0.9%
2020 → 2021
Global Rank
#23
of 139 countries
Maximum
49.8%
2018
Minimum
24.8%
2001
CAGR
+2.8%
21 years
Last
43.2%
Previous
42.8%
Highest
49.8%
Lowest
24.8%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 43.2% | +0.9% |
| 2020 | 42.8% | -12.3% |
| 2019 | 48.8% | -1.9% |
| 2018 | 49.8% | +1.3% |
| 2017 | 49.2% | +52.4% |
| 2016 | 32.3% | +3.1% |
| 2015 | 31.3% | +10.9% |
| 2014 | 28.2% | -1.3% |
| 2013 | 28.6% | -1.7% |
| 2012 | 29.1% | -6.0% |
| 2011 | 31.0% | +4.1% |
| 2010 | 29.7% | +3.4% |
| 2009 | 28.8% | +4.1% |
| 2008 | 27.6% | -2.0% |
| 2007 | 28.2% | -1.5% |
| 2006 | 28.6% | +4.0% |
| 2005 | 27.5% | -5.0% |
| 2004 | 28.9% | -10.5% |
| 2003 | 32.4% | +28.5% |
| 2002 | 25.2% | +1.4% |
| 2001 | 24.8% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
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.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →