Bhutan—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #105 of 139Updated May 2026
Latest Value
12.3%
2020
YoY Change
-15.3%
2019 → 2020
Global Rank
#105
of 139 countries
Maximum
15.8%
2018
Minimum
7.2%
2007
CAGR
+1.3%
21 years
Last
12.3%
Previous
14.5%
Highest
15.8%
Lowest
7.2%
Source
World Bank World Development Indicators
Bhutan's tax revenue (% of gdp) was 12.3% in 2020, ranking #105 out of 139 countries. This represents a -15.3% change from 2019. Over the past 21 years, the highest recorded value was 15.8% (2018) and the lowest was 7.2% (2007). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 12.3% | -15.3% |
| 2019 | 14.5% | -8.3% |
| 2018 | 15.8% | +33.3% |
| 2017 | 11.9% | -0.2% |
| 2016 | 11.9% | -2.1% |
| 2015 | 12.1% | -2.9% |
| 2014 | 12.5% | -6.0% |
| 2013 | 13.3% | -2.1% |
| 2012 | 13.6% | +9.3% |
| 2011 | 12.4% | +1.9% |
| 2010 | 12.2% | +39.0% |
| 2009 | 8.8% | +9.2% |
| 2008 | 8.0% | +12.2% |
| 2007 | 7.2% | -16.7% |
| 2006 | 8.6% | +8.2% |
| 2005 | 7.9% | +8.2% |
| 2004 | 7.3% | -17.8% |
| 2003 | 8.9% | +0.6% |
| 2002 | 8.9% | +8.5% |
| 2001 | 8.2% | -14.2% |
| 2000 | 9.5% |
Top Countries — Tax Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 44.3% | 2020 |
| 2 | Lesotho | 37.3% | 2024 |
| 3 | Namibia | 33.0% | 2023 |
| 4 | Denmark | 31.6% | 2023 |
| 5 | New Zealand | 30.7% | 2023 |
| 6 | Sweden | 27.6% | 2023 |
| 7 | Norway | 27.1% | 2023 |
| 8 | United Kingdom | 27.0% | 2024 |
| 9 | Luxembourg | 26.8% | 2023 |
| 10 | Greece | 26.7% | 2023 |
About This Indicator
Definition
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).