Bhutan—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #121 of 139
Latest Value
17.9%
2020
YoY Change
-29.2%
2019 → 2020
Global Rank
#121
of 139 countries
Maximum
25.3%
2019
Minimum
6.3%
2001
CAGR
+2.6%
21 years
Last
17.9%
Previous
25.3%
Highest
25.3%
Lowest
6.3%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 17.9% | -29.2% |
| 2019 | 25.3% | +7.3% |
| 2018 | 23.6% | +14.5% |
| 2017 | 20.6% | +14.2% |
| 2016 | 18.0% | -6.3% |
| 2015 | 19.3% | +14.7% |
| 2014 | 16.8% | -27.1% |
| 2013 | 23.0% | +17.9% |
| 2012 | 19.5% | +30.9% |
| 2011 | 14.9% | +21.8% |
| 2010 | 12.3% | +18.0% |
| 2009 | 10.4% | +1.5% |
| 2008 | 10.2% | +15.5% |
| 2007 | 8.9% | -28.0% |
| 2006 | 12.3% | +4.3% |
| 2005 | 11.8% | +63.0% |
| 2004 | 7.2% | -58.4% |
| 2003 | 17.4% | +67.0% |
| 2002 | 10.4% | +64.1% |
| 2001 | 6.3% | -41.4% |
| 2000 | 10.8% |
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 →