Taxes on goods and services gdp in Bhutan
Bhutan: Taxes on goods and services gdp was 4.75 in 2023. ▲ Rising
Latest (2023)
4.75
World rank
132nd
of 186 countries
All-time high
7.28
in 2018
All-time low
2.36
in 2004
Years of data
38
1983–2023
Taxes on goods and services gdp in Bhutan, 1983–2023
Source: Our World in Data.
Analysis
In 2023, taxes on goods and services gdp in Bhutan stood at 4.75.
That represents a change of down 27.4% over ten years.
Over the whole period, taxes on goods and services gdp in Bhutan peaked at 7.28 in 2018 and was at its lowest, 2.36, in 2004.
That places Bhutan 132nd out of 186 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Taxes on goods and services gdp in Bhutan, year by year
| Year | Value | Change |
|---|---|---|
| 1983 | 3.28 | — |
| 1984 | 3.53 | +7.6% |
| 1985 | 4.54 | +28.6% |
| 1986 | 3.61 | -20.5% |
| 1987 | 3.44 | -4.7% |
| 1988 | 4.09 | +18.9% |
| 1989 | 3.3 | -19.3% |
| 1990 | 2.96 | -10.2% |
| 1991 | 3.36 | +13.2% |
| 1992 | 3.47 | +3.5% |
| 1993 | 3.87 | +11.5% |
| 1994 | 3.63 | -6.2% |
| 1995 | 3.5 | -3.7% |
| 1996 | 3.44 | -1.8% |
| 1997 | 2.47 | -28.2% |
| 1998 | 3.4 | +37.7% |
| 1999 | 2.62 | -22.8% |
| 2000 | 4.25 | +62.1% |
| 2001 | 2.48 | -41.5% |
| 2002 | 3.62 | +45.6% |
| 2003 | 4.24 | +17.2% |
| 2004 | 2.36 | -44.4% |
| 2005 | 3.45 | +46.6% |
| 2006 | 4.1 | +18.7% |
| 2007 | 3.01 | -26.6% |
| 2008 | 3.42 | +13.8% |
| 2009 | 3.52 | +2.8% |
| 2010 | 4.64 | +31.9% |
| 2011 | 4.98 | +7.4% |
| 2012 | 6.6 | +32.4% |
| 2013 | 6.54 | -1.0% |
| 2014 | 5.29 | -19.1% |
| 2015 | 5.14 | -2.8% |
| 2016 | 5.17 | +0.6% |
| 2017 | 5.43 | +5.0% |
| 2018 | 7.28 | +34.1% |
| 2019 | 6.42 | -11.9% |
| 2023 | 4.75 | -26.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.68 | 3.28 | 4.54 | 7 |
| 1990s | 3.27 | 2.47 | 3.87 | 10 |
| 2000s | 3.44 | 2.36 | 4.25 | 10 |
| 2010s | 5.75 | 4.64 | 7.28 | 10 |
| 2020s | 4.75 | 4.75 | 4.75 | 1 |
Countries ranked near Bhutan
- 129 Zimbabwe 5.17 compare
- 130 Kazakhstan 4.8 compare
- 131 Solomon Islands 4.8 compare
- 133 Tanzania, United Republic of 4.75 compare
- 134 Papua New Guinea 4.7 compare
- 135 Mauritania 4.69 compare
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)
- Gross domestic savings (current US$), annual growth rate 43.48 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.2623 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 1,109 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate 45.34 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 21.95 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 92,786 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 10.88 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9591 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes on goods and services gdp in Bhutan?
- Taxes on goods and services gdp in Bhutan was 4.75 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Bhutan?
- The highest recorded value was 7.28 in 2018.
- What is the lowest taxes on goods and services gdp recorded in Bhutan?
- The lowest recorded value was 2.36 in 2004.
- How does Bhutan rank for taxes on goods and services gdp?
- Bhutan ranks 132nd out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Bhutan?
- Over the last ten years it is down 27.4%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
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