Rwanda vs Somalia: Taxes on income, profits and capital gains
Rwanda
1.01 trillion current LCU
in 2023
Somalia
1.02 trillion current LCU
in 2024
Rwanda rank
37th
Somalia rank
36th
Taxes on income, profits and capital gains over time
- Rwanda
- Somalia
How they compare
Somalia currently reports 1.02 trillion current LCU against 1.01 trillion current LCU in Rwanda, a difference of 7.54 billion current LCU.
Across all 7 years both countries report, Rwanda has been ahead every year.
Rwanda ranks 37th and Somalia ranks 36th of 153 countries.
Rwanda has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Rwanda | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 484.48 billion current LCU | 191.27 billion current LCU | 293.21 billion current LCU | Rwanda |
| 2020s | 795.96 billion current LCU | 465.92 billion current LCU | 330.04 billion current LCU | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Rwanda or Somalia?
- Somalia, at 1.02 trillion current LCU against 1.01 trillion current LCU in Rwanda as of 2024.
- What is the difference in taxes on income, profits and capital gains between Rwanda and Somalia?
- 7.54 billion current LCU, with Somalia ahead.
- How many years of comparable data are there for Rwanda and Somalia?
- 7 years are reported by both, from 2017 to 2023.
- How do Rwanda and Somalia rank globally for taxes on income, profits and capital gains?
- Rwanda ranks 37th and Somalia ranks 36th 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.