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Bhutan Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

12.28% −2.21% (-15.3%)
Year 2020 Rank #37 Global Peak 15.80% (2018) Source World Bank

Bhutan Tax Revenue (1982–2020)

Overview

Bhutan's tax revenue stood at 12.28% in 2020, a decline of +2.21% from 2019. Bhutan ranked 37th globally.

Data & projection

Year Tax Revenue YoY change Rank
2020 12.28% −2.21% #37
2019 14.50% −1.31% #53
2018 15.80% +3.94% #67
2017 11.86% −0.03% #35
2016 11.89% −0.26% #35
2015 12.15% −0.36% #36
2014 12.51% −0.80% #35
2013 13.30% −0.29% #39
2012 13.59% +1.16% #46
2011 12.43% +0.24% #36
2010 12.19% +3.42% #34
2009 8.77% +0.74% #14
2008 8.04% +0.88% #9
2007 7.16% −1.44% #7
2006 8.60% +0.65% #9
Show all years (1982-2020)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +28.2% GDP growth 16.1% C/A balance 6.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Bhutan matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Bhutan's tax revenue?

Bhutan's tax revenue was 12.28% in 2020. Ranked 37th globally. This represents a 15.3% decrease from the previous year.

What was the highest tax revenue in Bhutan?

Bhutan's tax revenue peaked at 15.80% in 2018.

What was the lowest tax revenue in Bhutan?

The lowest tax revenue in Bhutan was 4.60% in 1990.

How does Bhutan rank in tax revenue?

Bhutan ranks 37th globally in tax revenue as of 2020.

What is the World Bank indicator code for tax revenue?

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the tax revenue of Bhutan in 2020?

The tax revenue of Bhutan in 2020 was 12.28%. This ranks 37th in the world.

Cite this page

APA
Bhutan Tax Revenue. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/bhutan/tax-revenue
BibTeX
@misc{historysaid_bhutan_tax-revenue, title = {Bhutan Tax Revenue}, url = {https://historysaid.com/bhutan/tax-revenue}, publisher = {HistorySaid}, year = {2026} }