Upper middle income - Taxes on income

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

Taxes on income, profits and capital gains (% of revenue) in Upper middle income was 23.17 as of 2019. Its highest value over the past 23 years was 23.17 in 2019, while its lowest value was 16.33 in 2005.

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
1996 18.41
1997 17.98
1998 19.34
1999 18.89
2000 20.35
2003 20.06
2004 18.89
2005 16.33
2006 18.63
2007 16.99
2008 17.92
2009 19.72
2010 18.68
2011 18.22
2012 19.73
2013 19.12
2014 19.88
2015 20.97
2016 21.33
2017 20.87
2018 21.91
2019 23.17

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance