Commitment to Equity Analysis · Bhutan

Fiscal Policy Reference Dashboard

CEQ 2017 → 2022 Update
🇧🇹 Bhutan
2017 – 2022

Tax Revenue — 2017 vs. 2022 Comparison

Revenue Category 2017 — Amount (Nu. M) 2017 — % Total 2022 — Amount (Nu. M) 2022 — % of GDP
Total Revenue21,564.46539,043.07318.93%
Total Taxes21,564.46525,843.05213.27%
Direct Taxes / Income, Profits & Capital Gains12,345.79457.25%13,325.7606.18%
Corporate Income Tax8,170.29937.89%10,063.6074.42%
Business Income Tax1,276.9035.92%1,298.4270.72%
Personal Income Tax957.3134.44%1,963.7271.03%
Other Direct Tax39.3420.18%
Royalties1,901.9378.82%4,386.7972.80%
Taxes on Property144.6250.07%
Recurrent Taxes on immovable property8.9860.00%
Taxes on Capital Transactions135.6380.07%
Indirect Taxes / Goods & Services9,218.67042.75%7,452.0023.87%
Sales Tax / GST3,800.12017.62%5,608.6683.02%
Excise Duty3,579.66316.60%386.2290.24%
Green Tax909.6524.22%992.8640.38%
Taxes on permission to use goods / activities464.2400.22%
Other Indirect Tax366.6731.70%
Import / Customs Duty562.5632.61%509.9780.33%
Other Taxes (incl. Royalty)4,410.6872.83%
Other Revenue11,544.2674.84%
Property Income11,555.8254.85%
Social Contributions-11.5580.00%
Current Revenue from Government Agencies1,233.8230.64%
Administrative Fees & Charges834.4390.45%
Sale of Goods and Commodities399.3850.19%
Capital Revenue from Government Agencies421.9310.18%
GDP (Source-MFCC — 4th quarter update)237,052.670