Lower middle income - Taxes on income

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Lower middle income was 25.44 as of 2018. Its highest value over the past 17 years was 27.14 in 2017, while its lowest value was 15.28 in 2001.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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

See also:

Year Value
2001 15.28
2002 18.37
2003 19.12
2004 20.26
2005 21.58
2006 21.33
2007 20.09
2008 24.06
2009 21.24
2010 25.34
2011 24.68
2012 24.12
2013 24.61
2014 24.91
2015 25.62
2016 26.52
2017 27.14
2018 25.44

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance