Taxes on Goods and Services (As % of Revenue) fell to 19.8% in Bhutan in 2016

Taxes on Goods and Services (As % of Revenue) (%)
Economy | Bhutan | December 1, 2019
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Taxes on goods and services as a share of revenue reached 19.8 % in 2016 in Bhutan, according to the National Statistical Office. This is 14.1 % less than in the previous year.

Historically, taxes on goods and services as a share of revenue in Bhutan reached an all time high of 23.0 % in 2013 and an all time low of 6.34 % in 2001. When compared to Bhutan's main peers, taxes on goods and services as a share of revenue in Bangladesh amounted to 32.3 %, 34.7 % in China and 41.7 % in Nepal in 2016.

Bhutan has been ranked 103rd within the group of 112 countries we follow in terms of taxes on goods and services as a share of revenue, 6 places above the position seen 10 years ago.

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 the extraction and production of minerals, and profits of fiscal monopolies.

Taxes on Goods and Services (As % of Revenue) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Bangladesh % 31.0% 29.1% 28.6% 28.2% 31.3% ...
Bhutan % 14.9% 19.5% 23.0% 16.8% 23.0% ...
China % 62.1% 61.3% 58.0% 38.4% 35.3% ...
India % 21.7% 26.0% 27.3% ... ... ... ...
Japan % 35.9% 34.6% 32.7% 37.1% 37.6%
Myanmar % ... ... ... 11.2% 13.5% 12.2% 15.3%
Nepal % 39.6% 40.0% 40.7% 40.6% 42.1%
Pakistan % 34.7% 38.4% 35.9% 31.4% ... ... ...
Russia % 19.5% 20.9% 21.1% 21.6% 19.4%
Sri Lanka % 42.9% 46.2% 44.0% 45.4% 49.6%
USA % 2.95% 2.99% 2.84% 2.98% 2.94%