World - Taxes on income

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

Taxes on income, profits and capital gains (% of revenue) in World was 24.62 as of 2019. Its highest value over the past 21 years was 24.62 in 2019, while its lowest value was 19.84 in 1998.

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
1998 19.84
2002 20.72
2003 20.44
2004 20.37
2005 20.17
2006 20.01
2007 20.49
2008 22.26
2009 21.28
2010 21.27
2011 21.82
2012 21.39
2013 22.84
2014 22.67
2015 23.21
2016 22.54
2017 22.78
2018 24.15
2019 24.62

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance