Tax revenue in Bhutan
Bhutan: Tax revenue was 22.37 billion current LCU in 2020. ◆ Volatile
Tax revenue in Bhutan, 1982–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, tax revenue in Bhutan stood at 22.37 billion current LCU.
Compared with earlier readings it is down 19.9% on the previous year and up 134.8% over ten years.
Over the whole period, tax revenue in Bhutan peaked at 27.93 billion current LCU in 2019 and was at its lowest, 76.50 million current LCU, in 1982.
Bhutan ranks 113th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 156.56 million current LCU | 76.50 million current LCU | 235.90 million current LCU | 7 |
| 1990s | 666.70 million current LCU | 231.70 million current LCU | 1.27 billion current LCU | 10 |
| 2000s | 3.21 billion current LCU | 1.92 billion current LCU | 5.65 billion current LCU | 10 |
| 2010s | 17.82 billion current LCU | 9.53 billion current LCU | 27.93 billion current LCU | 10 |
| 2020s | 22.37 billion current LCU | 22.37 billion current LCU | 22.37 billion current LCU | 1 |
Countries ranked near Bhutan
- 110 Luxembourg 24.68 billion current LCU compare
- 111 Vanuatu 23.35 billion current LCU compare
- 112 Georgia 22.57 billion current LCU compare
- 114 Azerbaijan 21.89 billion current LCU compare
- 115 Bulgaria 21.66 billion current LCU compare
- 116 Papua New Guinea 18.45 billion current LCU compare
More public sector data for Bhutan
- Arms imports 4.00 million SIPRI trend indicator values (2021)
- Tax revenue 12.3% (2020)
- Taxes on income, profits and capital gains 19.9% (2020)
- Taxes on goods and services 17.9% (2020)
- Net investment in nonfinancial assets 8.6% (2020)
- Net lending (+) / net borrowing (-) -2.5% (2020)
- Interest payments 1.5% (2020)
- Grants and other revenue 58.7% (2020)
- Interest payments 1.9% (2020)
- Other taxes 0.0% (2020)
Frequently asked questions
- What is tax revenue in Bhutan?
- Tax revenue in Bhutan was 22.37 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Bhutan?
- The highest recorded value was 27.93 billion current LCU in 2019.
- What is the lowest tax revenue recorded in Bhutan?
- The lowest recorded value was 76.50 million current LCU in 1982.
- How does Bhutan rank for tax revenue?
- Bhutan ranks 113th out of 157 countries with data for 2020.
- Is tax revenue rising or falling in Bhutan?
- Over the last ten years it is up 134.8%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.