Taxes on incomes of individuals and corporations as share of GDP in Bhutan
Bhutan: Taxes on incomes of individuals and corporations as share of GDP was 7.0% in 2023. ◆ Volatile
Latest (2023)
7.0%
World rank
78th
of 184 countries
All-time high
8.6%
in 2010
All-time low
1.2%
in 1983
Years of data
38
1983–2023
Taxes on incomes of individuals and corporations as share of GDP in Bhutan, 1983–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
Bhutan recorded 7.0% for taxes on incomes of individuals and corporations as share of gdp in 2023.
That represents a change of down 3.1% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Bhutan peaked at 8.6% in 2010 and was at its lowest, 1.2%, in 1983.
That places Bhutan 78th out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on incomes of individuals and corporations as share of GDP in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 1983 | 1.2% | — |
| 1984 | 1.6% | +36.5% |
| 1985 | 1.5% | -2.8% |
| 1986 | 1.6% | +1.7% |
| 1987 | 1.9% | +19.0% |
| 1988 | 1.9% | +1.5% |
| 1989 | 1.7% | -8.8% |
| 1990 | 1.4% | -19.5% |
| 1991 | 1.3% | -9.1% |
| 1992 | 1.3% | +1.4% |
| 1993 | 2.0% | +56.2% |
| 1994 | 2.0% | +0.0% |
| 1995 | 2.7% | +36.3% |
| 1996 | 3.8% | +40.9% |
| 1997 | 3.8% | -1.1% |
| 1998 | 4.4% | +15.1% |
| 1999 | 4.1% | -6.7% |
| 2000 | 5.3% | +30.8% |
| 2001 | 5.4% | +1.7% |
| 2002 | 5.2% | -4.9% |
| 2003 | 4.4% | -14.3% |
| 2004 | 4.5% | +0.8% |
| 2005 | 4.3% | -3.7% |
| 2006 | 4.5% | +5.9% |
| 2007 | 4.5% | -1.9% |
| 2008 | 4.7% | +4.6% |
| 2009 | 5.4% | +15.6% |
| 2010 | 8.6% | +60.0% |
| 2011 | 8.4% | -2.4% |
| 2012 | 7.8% | -7.7% |
| 2013 | 7.2% | -6.8% |
| 2014 | 7.9% | +8.6% |
| 2015 | 7.3% | -7.4% |
| 2016 | 7.1% | -3.0% |
| 2017 | 6.4% | -9.4% |
| 2018 | 7.6% | +18.9% |
| 2019 | 7.3% | -3.9% |
| 2023 | 7.0% | -4.0% |
Bhutan compared with similar countries
- Bhutan's 7.0% is above the median for lower middle income countries, which is 5.4%, 1.3× the median. (45 countries reporting)
- Bhutan's 7.0% is above the median for South Asia, which is 5.2%, 1.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.6% | 1.2% | 1.9% | 7 |
| 1990s | 2.7% | 1.3% | 4.4% | 10 |
| 2000s | 4.8% | 4.3% | 5.4% | 10 |
| 2010s | 7.6% | 6.4% | 8.6% | 10 |
| 2020s | 7.0% | 7.0% | 7.0% | 1 |
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)
- 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 incomes of individuals and corporations as share of gdp in Bhutan?
- Taxes on incomes of individuals and corporations as share of gdp in Bhutan was 7.0% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Bhutan?
- The highest recorded value was 8.6% in 2010.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Bhutan?
- The lowest recorded value was 1.2% in 1983.
- How does Bhutan rank for taxes on incomes of individuals and corporations as share of gdp?
- Bhutan ranks 78th out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Bhutan?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is volatile.
- 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 incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.