Taxes less subsidies on products in Bhutan

Bhutan: Taxes less subsidies on products was 88.97 million current US$ in 2024. ◆ Volatile

Latest (2024)
88.97 million current US$
Change on year
up 5.0%
World rank
180th
of 198 countries
All-time high
154.35 million current US$
in 2012
All-time low
2.28 million current US$
in 1980
Years of data
45
1980–2024

Taxes less subsidies on products in Bhutan, 1980–2024

050.0M100.0M150.0M1980200220241980: 2.3M current US$1981: 2.4M current US$1982: 2.5M current US$1983: 3.4M current US$1984: 4.0M current US$1985: 3.4M current US$1986: 3.4M current US$1987: 5.9M current US$1988: 5.9M current US$1989: 4.5M current US$1990: 7.7M current US$1991: 7.0M current US$1992: 6.8M current US$1993: 6.1M current US$1994: 11.2M current US$1995: 11.0M current US$1996: 10.1M current US$1997: 13.9M current US$1998: 13.2M current US$1999: 14.4M current US$2000: 13.4M current US$2001: 14.4M current US$2002: 23.8M current US$2003: 28.0M current US$2004: 37.9M current US$2005: 42.4M current US$2006: 41.9M current US$2007: 49.5M current US$2008: 52.6M current US$2009: 50.0M current US$2010: 89.8M current US$2011: 119.2M current US$2012: 154.3M current US$2013: 133.1M current US$2014: 151.5M current US$2015: 126.7M current US$2016: 144.9M current US$2017: 124.2M current US$2018: 143.9M current US$2019: 118.9M current US$2020: 62.0M current US$2021: 66.5M current US$2022: 66.9M current US$2023: 84.7M current US$2024: 89.0M current US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

Bhutan recorded 88.97 million current US$ for taxes less subsidies on products in 2024.

That represents a change of up 5.0% on the previous year and down 41.3% over ten years.

Over the whole period, taxes less subsidies on products in Bhutan peaked at 154.35 million current US$ in 2012 and was at its lowest, 2.28 million current US$, in 1980.

That places Bhutan 180th out of 198 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.79 million current US$ 2.28 million current US$ 5.95 million current US$ 10
1990s 10.15 million current US$ 6.07 million current US$ 14.42 million current US$ 10
2000s 35.39 million current US$ 13.38 million current US$ 52.61 million current US$ 10
2010s 130.65 million current US$ 89.83 million current US$ 154.35 million current US$ 10
2020s 73.82 million current US$ 62.04 million current US$ 88.97 million current US$ 5

Countries ranked near Bhutan

  1. 177 Macao 112.61 million current US$ compare
  2. 178 Comoros 95.49 million current US$ compare
  3. 179 Tonga 92.11 million current US$ compare
  4. 181 Sint Maarten (Dutch part) 79.39 million current US$ compare
  5. 182 Sao Tome and Principe 65.65 million current US$ compare
  6. 183 Eritrea 51.71 million current US$ compare

See the full ranking of 198 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is taxes less subsidies on products in Bhutan?
Taxes less subsidies on products in Bhutan was 88.97 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in Bhutan?
The highest recorded value was 154.35 million current US$ in 2012.
What is the lowest taxes less subsidies on products recorded in Bhutan?
The lowest recorded value was 2.28 million current US$ in 1980.
How does Bhutan rank for taxes less subsidies on products?
Bhutan ranks 180th out of 198 countries with data for 2024.
Is taxes less subsidies on products rising or falling in Bhutan?
Over the last ten years it is down 41.3%. The long-run trend across the full record is volatile.
Where does this Bhutan data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.