Bhutan: Tax revenue

* indicates monthly or quarterly data series

Tax revenue, percent of GDP

 Latest value 12.28
 Year 2020
 Measure percent
 Data availability 1982 - 2020
 Average 9.25
 Min - Max 4.60 - 15.80
 Source The World Bank
For that indicator, we provide data for Bhutan from 1982 to 2020. The average value for Bhutan during that period was 9.25 percent with a minimum of 4.6 percent in 1990 and a maximum of 15.8 percent in 2018. The latest value from 2020 is 12.28 percent. For comparison, the world average in 2020 based on 122 countries is 16.68 percent. 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 values chart
Bhutan - Tax revenue - Recent values chart

Historical chart
Bhutan - Tax revenue - historical chart - 1982-2020

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 22.67 2021 percent
 Government spending, in dollars 0.61 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -4.63 2023 percent
 Government debt 114.36 2023 percent
 Tax revenue 12.28 2020 percent
 Commercial tax rate 35.30 2019 percent
 Tax preparation time 52 2019 hours
 Number of taxes 18 2019 taxes
 Taxes on goods and services 17.93 2020 percent
 Taxes on international trade 2.87 2020 percent
 Income and profits taxes 19.94 2020 percent
 Foreign aid 126.88 2021 million U.S. dollars
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