Taxes on goods and services in Bhutan
Bhutan: Taxes on goods and services was 9.84 billion current LCU in 2020. ◆ Volatile
Taxes on goods and services in Bhutan, 1982–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Bhutan is 9.84 billion current LCU, measured in 2020.
That represents a change of down 17.0% on the previous year and up 200.6% over ten years.
Over the whole period, taxes on goods and services in Bhutan peaked at 12.57 billion current LCU in 2018 and was at its lowest, 53.70 million current LCU, in 1982.
Bhutan ranks 116th 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 | 102.16 million current LCU | 53.70 million current LCU | 155.20 million current LCU | 7 |
| 1990s | 317.47 million current LCU | 152.10 million current LCU | 519.13 million current LCU | 10 |
| 2000s | 1.26 billion current LCU | 546.10 million current LCU | 2.14 billion current LCU | 10 |
| 2010s | 7.48 billion current LCU | 3.27 billion current LCU | 12.57 billion current LCU | 10 |
| 2020s | 9.84 billion current LCU | 9.84 billion current LCU | 9.84 billion current LCU | 1 |
Countries ranked near Bhutan
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 taxes on goods and services in Bhutan?
- Taxes on goods and services in Bhutan was 9.84 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Bhutan?
- The highest recorded value was 12.57 billion current LCU in 2018.
- What is the lowest taxes on goods and services recorded in Bhutan?
- The lowest recorded value was 53.70 million current LCU in 1982.
- How does Bhutan rank for taxes on goods and services?
- Bhutan ranks 116th out of 157 countries with data for 2020.
- Is taxes on goods and services rising or falling in Bhutan?
- Over the last ten years it is up 200.6%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.