Bangladesh: Taxes on goods and services

* indicates monthly or quarterly data series
 Bangladesh

Taxes on goods and services, percent of total revenue

 Latest value 43.22
 Year 2021
 Measure percent
 Data availability 2001 - 2021
 Average 33.14
 Min - Max 24.83 - 49.78
 Source The World Bank
The latest value from 2021 is 43.22 percent, an increase from 42.85 percent in 2020. In comparison, the world average is 38.96 percent, based on data from 119 countries. Historically, the average for Bangladesh from 2001 to 2021 is 33.14 percent. The minimum value, 24.83 percent, was reached in 2001 while the maximum of 49.78 percent was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Bangladesh - Taxes on goods and services - Recent values chart

Historical series
Bangladesh - Taxes on goods and services - historical chart - 2001-2021




Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 5.67 2023 percent
 Government spending, in dollars 24.78 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -5.10 2023 percent
 Government debt 31.70 2023 percent
 Tax revenue 7.64 2021 percent
 Commercial tax rate 33.40 2019 percent
 Tax preparation time 435 2019 hours
 Number of taxes 33 2019 taxes
 Taxes on goods and services 43.22 2021 percent
 Taxes on international trade 9.32 2021 percent
 Income and profits taxes 25.76 2021 percent
 Foreign aid 5,192.79 2022 million U.S. dollars
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