Argentina vs Paraguay: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Argentina
- Paraguay
How they compare
Paraguay currently reports 10.63 trillion current LCU against 8.95 trillion current LCU in Argentina, a difference of 1.68 trillion current LCU.
That makes Paraguay's figure about 1.2 times Argentina's.
Across all 20 years both countries report, Paraguay has been ahead every year.
Argentina ranks 11th and Paraguay ranks 8th of 153 countries.
Paraguay has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Argentina | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.71 billion current LCU | 1.38 trillion current LCU | 1.36 trillion current LCU | Paraguay |
| 2010s | 170.86 billion current LCU | 3.90 trillion current LCU | 3.73 trillion current LCU | Paraguay |
| 2020s | 2.94 trillion current LCU | 8.09 trillion current LCU | 5.15 trillion current LCU | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Argentina or Paraguay?
- Paraguay, at 10.63 trillion current LCU against 8.95 trillion current LCU in Argentina as of 2024.
- What is the difference in taxes on income, profits and capital gains between Argentina and Paraguay?
- 1.68 trillion current LCU, with Paraguay ahead.
- How many years of comparable data are there for Argentina and Paraguay?
- 20 years are reported by both, from 2005 to 2024.
- How do Argentina and Paraguay rank globally for taxes on income, profits and capital gains?
- Argentina ranks 11th and Paraguay ranks 8th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.