Bangladesh - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Bangladesh was 577,640,000,000 as of 2016. As the graph below shows, over the past 15 years this indicator reached a maximum value of 577,640,000,000 in 2016 and a minimum value of 66,568,780,000 in 2001.

Definition: 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 extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2001 66,568,780,000
2002 75,228,380,000
2003 108,949,000,000
2004 100,540,000,000
2005 109,991,000,000
2006 125,517,000,000
2007 140,969,000,000
2008 171,903,000,000
2009 200,556,000,000
2010 240,717,000,000
2011 304,282,000,000
2012 352,579,000,000
2013 402,282,000,000
2014 428,604,000,000
2015 474,400,000,000
2016 577,640,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Bangladesh was 32.25 as of 2016. Its highest value over the past 15 years was 32.36 in 2003, while its lowest value was 24.83 in 2001.

Definition: 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 extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2001 24.83
2002 25.19
2003 32.36
2004 28.95
2005 27.50
2006 28.61
2007 28.18
2008 27.61
2009 28.76
2010 29.74
2011 30.96
2012 29.09
2013 28.59
2014 28.22
2015 31.29
2016 32.25

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Bangladesh was 4.11 as of 2016. Its highest value over the past 15 years was 4.26 in 2012, while its lowest value was 3.12 in 2001.

Definition: 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 extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
2001 3.12
2002 3.22
2003 4.18
2004 3.47
2005 3.38
2006 3.39
2007 3.31
2008 3.52
2009 3.62
2010 3.85
2011 4.25
2012 4.26
2013 4.21
2014 3.99
2015 3.89
2016 4.11

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance