Canada vs Sweden: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Canada
- Sweden
How they compare
Sweden currently reports 383.48 billion current LCU against 334.81 billion current LCU in Canada, a difference of 48.67 billion current LCU.
That makes Sweden's figure about 1.1 times Canada's.
The two have swapped places 6 times across 35 shared years of data; in 1990 it was Sweden ahead.
Canada ranks 58th and Sweden ranks 55th of 153 countries.
Across the 4 decades both report, Canada averaged higher in 1 and Sweden in 3.
Head to head by decade
| Decade | Canada | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 83.47 billion current LCU | 80.56 billion current LCU | 2.91 billion current LCU | Canada |
| 2000s | 138.20 billion current LCU | 161.70 billion current LCU | 23.50 billion current LCU | Sweden |
| 2010s | 189.25 billion current LCU | 214.59 billion current LCU | 25.35 billion current LCU | Sweden |
| 2020s | 297.04 billion current LCU | 328.11 billion current LCU | 31.08 billion current LCU | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Canada or Sweden?
- Sweden, at 383.48 billion current LCU against 334.81 billion current LCU in Canada as of 2024.
- What is the difference in taxes on income, profits and capital gains between Canada and Sweden?
- 48.67 billion current LCU, with Sweden ahead.
- How many years of comparable data are there for Canada and Sweden?
- 35 years are reported by both, from 1990 to 2024.
- How do Canada and Sweden rank globally for taxes on income, profits and capital gains?
- Canada ranks 58th and Sweden ranks 55th 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.
Individual pages
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.