Vision: Journal of Indian Taxation
Year : 2023, Volume : 10, Issue : 1
First page : ( 1) Last page : ( 24)
Print ISSN : 2347-4475. Online ISSN : 2395-2571.
Article DOI : 10.17492/jpi.vision.v10i1.1012301

Contribution of Tax Revenue to the GDP of Bangladesh: A Comparative Study with Developing and Developed Countries

Sarkar Shakhawat Hossain¹

¹Department of Accounting and Information Systems, Jatiya Kabi Kazi Nazrul Islam University, Mymensingh, Bangladesh, (E-mail: sarkar_knu@yahoo.com)

Online Published on 21 December, 2023.

Abstract

The study intends to compare the level of tax revenue contribution to the GDP of Bangladesh with SAARC countries and some groups of countries and the world average. Descriptive statistics have been used to determine the comparative scenario. The independent sample t-test is applied to examine the relationship using secondary sources of data collected from the world development indicators of the World Bank. The statistical results indicate that the Tax-to-GDP ratio of Bangladesh is the lowest among SAARC countries, the south Asian average, and the world average and far behind OECD and developed countries’ average. The research adds value to the public finance literature and provides a message to policy planners and practising authorities.

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Keywords

Comparative Tax-to-GDP ratio, Contribution, SAARC countries, Bangladesh.

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