Bhutan: Taxes on goods and services

* indicates monthly or quarterly data series
 Bhutan

Taxes on goods and services, percent of total revenue

 Latest value 17.93
 Year 2020
 Measure percent
 Data availability 1982 - 2020
 Average 12.8
 Min - Max 6.34 - 25.32
 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 12.8 percent with a minimum of 6.34 percent in 2001 and a maximum of 25.32 percent in 2019. The latest value from 2020 is 17.93 percent. For comparison, the world average in 2020 based on 121 countries is 32.60 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 - Taxes on goods and services - recent values

Historical chart
Bhutan - Taxes on goods and services - historical chart - 1982-2020




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.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 22.67 2021 percent
 Government spending, in dollars 0.63 2021 billion U.S. dollars
 Fiscal balance, percent of GDP -7.80 2022 percent
 Government debt 127.33 2022 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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