Taxes less subsidies on products (current LCU) in Bhutan
Bhutan: Taxes less subsidies on products (current LCU) was 7.44 billion current LCU in 2024. ◆ Volatile
Latest (2024)
7.44 billion current LCU
Change on year
up 6.4%
World rank
140th
of 199 countries
All-time high
9.84 billion current LCU
in 2018
All-time low
17.90 million current LCU
in 1980
Years of data
45
1980–2024
Taxes less subsidies on products in Bhutan, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Bhutan recorded 7.44 billion current LCU for taxes less subsidies on products in 2024.
Compared with earlier readings it is up 6.4% on the previous year and down 19.5% over ten years.
Over the whole period, taxes less subsidies on products in Bhutan peaked at 9.84 billion current LCU in 2018 and was at its lowest, 17.90 million current LCU, in 1980.
Bhutan ranks 140th of 199 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.
Taxes less subsidies on products (current LCU) in Bhutan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 17.90 million current LCU | — |
| 1981 | 21.20 million current LCU | +18.4% |
| 1982 | 23.60 million current LCU | +11.3% |
| 1983 | 34.80 million current LCU | +47.5% |
| 1984 | 45.60 million current LCU | +31.0% |
| 1985 | 41.80 million current LCU | -8.3% |
| 1986 | 43.00 million current LCU | +2.9% |
| 1987 | 76.70 million current LCU | +78.4% |
| 1988 | 82.80 million current LCU | +8.0% |
| 1989 | 73.70 million current LCU | -11.0% |
| 1990 | 134.00 million current LCU | +81.8% |
| 1991 | 159.00 million current LCU | +18.7% |
| 1992 | 176.00 million current LCU | +10.7% |
| 1993 | 185.00 million current LCU | +5.1% |
| 1994 | 351.00 million current LCU | +89.7% |
| 1995 | 358.00 million current LCU | +2.0% |
| 1996 | 359.00 million current LCU | +0.3% |
| 1997 | 506.00 million current LCU | +40.9% |
| 1998 | 546.00 million current LCU | +7.9% |
| 1999 | 621.00 million current LCU | +13.7% |
| 2000 | 601.39 million current LCU | -3.2% |
| 2001 | 681.39 million current LCU | +13.3% |
| 2002 | 1.16 billion current LCU | +69.7% |
| 2003 | 1.31 billion current LCU | +12.9% |
| 2004 | 1.72 billion current LCU | +31.6% |
| 2005 | 1.87 billion current LCU | +8.8% |
| 2006 | 1.90 billion current LCU | +1.5% |
| 2007 | 2.05 billion current LCU | +7.8% |
| 2008 | 2.29 billion current LCU | +11.8% |
| 2009 | 2.42 billion current LCU | +5.7% |
| 2010 | 4.11 billion current LCU | +69.8% |
| 2011 | 5.57 billion current LCU | +35.5% |
| 2012 | 8.25 billion current LCU | +48.2% |
| 2013 | 7.80 billion current LCU | -5.5% |
| 2014 | 9.24 billion current LCU | +18.6% |
| 2015 | 8.13 billion current LCU | -12.1% |
| 2016 | 9.74 billion current LCU | +19.8% |
| 2017 | 8.09 billion current LCU | -17.0% |
| 2018 | 9.84 billion current LCU | +21.7% |
| 2019 | 8.37 billion current LCU | -14.9% |
| 2020 | 4.60 billion current LCU | -45.1% |
| 2021 | 4.92 billion current LCU | +7.0% |
| 2022 | 5.26 billion current LCU | +6.9% |
| 2023 | 7.00 billion current LCU | +33.1% |
| 2024 | 7.44 billion current LCU | +6.4% |
Bhutan compared with similar countries
- Bhutan's 7.44 billion current LCU is below the median for lower middle income countries, which is 101.04 billion current LCU, 7% of the median. (46 countries reporting)
- Bhutan's 7.44 billion current LCU is below the median for South Asia, which is 1.04 trillion current LCU, 1% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 46.11 million current LCU | 17.90 million current LCU | 82.80 million current LCU | 10 |
| 1990s | 339.50 million current LCU | 134.00 million current LCU | 621.00 million current LCU | 10 |
| 2000s | 1.60 billion current LCU | 601.39 million current LCU | 2.42 billion current LCU | 10 |
| 2010s | 7.91 billion current LCU | 4.11 billion current LCU | 9.84 billion current LCU | 10 |
| 2020s | 5.84 billion current LCU | 4.60 billion current LCU | 7.44 billion current LCU | 5 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.11 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 45.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5765 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 32.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0061 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Bhutan?
- Taxes less subsidies on products in Bhutan was 7.44 billion current LCU 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 9.84 billion current LCU in 2018.
- What is the lowest taxes less subsidies on products recorded in Bhutan?
- The lowest recorded value was 17.90 million current LCU in 1980.
- How does Bhutan rank for taxes less subsidies on products?
- Bhutan ranks 140th out of 199 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Bhutan?
- Over the last ten years it is down 19.5%. 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 LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 series is expressed in local currency units.