China vs Mongolia: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- China
- Mongolia
How they compare
Mongolia currently reports 4.45 trillion current LCU against 3.51 trillion current LCU in China, a difference of 937.02 billion current LCU.
That makes Mongolia's figure about 1.3 times China's.
The two have swapped places 1 time across 19 shared years of data; in 2006 it was China ahead.
China ranks 20th and Mongolia ranks 19th of 153 countries.
China has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | China | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 815.13 billion current LCU | 489.60 billion current LCU | 325.53 billion current LCU | China |
| 2010s | 2.14 trillion current LCU | 902.36 billion current LCU | 1.24 trillion current LCU | China |
| 2020s | 3.45 trillion current LCU | 2.64 trillion current LCU | 805.58 billion current LCU | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, China or Mongolia?
- Mongolia, at 4.45 trillion current LCU against 3.51 trillion current LCU in China as of 2024.
- What is the difference in taxes on income, profits and capital gains between China and Mongolia?
- 937.02 billion current LCU, with Mongolia ahead.
- How many years of comparable data are there for China and Mongolia?
- 19 years are reported by both, from 2006 to 2024.
- How do China and Mongolia rank globally for taxes on income, profits and capital gains?
- China ranks 20th and Mongolia ranks 19th 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.