Taxes on income vs. taxes on goods and services in Bhutan
Bhutan: Taxes on income vs. taxes on goods and services was 4.7% in 2023. ▲ Rising
Latest (2023)
4.7%
World rank
133rd
of 187 countries
All-time high
7.3%
in 2018
All-time low
2.4%
in 2004
Years of data
38
1983–2023
Taxes on income vs. taxes on goods and services in Bhutan, 1983–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Bhutan recorded 4.7% for taxes on income vs. taxes on goods and services in 2023.
The figure is down 27.4% over ten years.
Over the whole period, taxes on income vs. taxes on goods and services in Bhutan peaked at 7.3% in 2018 and was at its lowest, 2.4%, in 2004.
Bhutan ranks 133rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Taxes on income vs. taxes on goods and services in Bhutan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1983 | 3.3% | — |
| 1984 | 3.5% | +7.6% |
| 1985 | 4.5% | +28.6% |
| 1986 | 3.6% | -20.5% |
| 1987 | 3.4% | -4.7% |
| 1988 | 4.1% | +18.9% |
| 1989 | 3.3% | -19.3% |
| 1990 | 3.0% | -10.2% |
| 1991 | 3.4% | +13.2% |
| 1992 | 3.5% | +3.5% |
| 1993 | 3.9% | +11.5% |
| 1994 | 3.6% | -6.2% |
| 1995 | 3.5% | -3.7% |
| 1996 | 3.4% | -1.8% |
| 1997 | 2.5% | -28.2% |
| 1998 | 3.4% | +37.7% |
| 1999 | 2.6% | -22.8% |
| 2000 | 4.2% | +62.1% |
| 2001 | 2.5% | -41.5% |
| 2002 | 3.6% | +45.6% |
| 2003 | 4.2% | +17.2% |
| 2004 | 2.4% | -44.4% |
| 2005 | 3.5% | +46.6% |
| 2006 | 4.1% | +18.7% |
| 2007 | 3.0% | -26.6% |
| 2008 | 3.4% | +13.8% |
| 2009 | 3.5% | +2.8% |
| 2010 | 4.6% | +31.9% |
| 2011 | 5.0% | +7.4% |
| 2012 | 6.6% | +32.4% |
| 2013 | 6.5% | -1.0% |
| 2014 | 5.3% | -19.1% |
| 2015 | 5.1% | -2.8% |
| 2016 | 5.2% | +0.6% |
| 2017 | 5.4% | +5.0% |
| 2018 | 7.3% | +34.1% |
| 2019 | 6.4% | -11.9% |
| 2023 | 4.7% | -26.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.7% | 3.3% | 4.5% | 7 |
| 1990s | 3.3% | 2.5% | 3.9% | 10 |
| 2000s | 3.4% | 2.4% | 4.2% | 10 |
| 2010s | 5.7% | 4.6% | 7.3% | 10 |
| 2020s | 4.7% | 4.7% | 4.7% | 1 |
Countries ranked near Bhutan
- 130 Zimbabwe 5.2% compare
- 131 Kazakhstan 4.8% compare
- 132 Solomon Islands 4.8% compare
- 134 Tanzania, United Republic of 4.7% compare
- 135 Papua New Guinea 4.7% compare
- 136 Mauritania 4.7% 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.82 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -72.36 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0008 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 26.59 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.3328 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,495 includes gold, current US$ per person (2025)
- Total reserves minus gold (current US$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is taxes on income vs. taxes on goods and services in Bhutan?
- Taxes on income vs. taxes on goods and services in Bhutan was 4.7% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on income vs. taxes on goods and services recorded in Bhutan?
- The highest recorded value was 7.3% in 2018.
- What is the lowest taxes on income vs. taxes on goods and services recorded in Bhutan?
- The lowest recorded value was 2.4% in 2004.
- How does Bhutan rank for taxes on income vs. taxes on goods and services?
- Bhutan ranks 133rd out of 187 countries with data for 2023.
- Is taxes on income vs. taxes on goods and services 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 UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on income vs. taxes on goods and services. Statizoid updates them automatically from the source API.
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About this data
Total taxes on income (individual and corporate) vs. total taxes on goods and services (including VAT and sales taxes), as a share of GDP.