Somalia vs South Africa: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Somalia
- South Africa
How they compare
South Africa currently reports 1.10 trillion current LCU against 1.02 trillion current LCU in Somalia, a difference of 83.49 billion current LCU.
That makes South Africa's figure about 1.1 times Somalia's.
Across all 8 years both countries report, South Africa has been ahead every year.
Somalia ranks 36th and South Africa ranks 34th of 153 countries.
South Africa has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Somalia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 191.27 billion current LCU | 741.04 billion current LCU | 549.77 billion current LCU | South Africa |
| 2020s | 576.15 billion current LCU | 945.73 billion current LCU | 369.58 billion current LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Somalia or South Africa?
- South Africa, at 1.10 trillion current LCU against 1.02 trillion current LCU in Somalia as of 2024.
- What is the difference in taxes on income, profits and capital gains between Somalia and South Africa?
- 83.49 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for Somalia and South Africa?
- 8 years are reported by both, from 2017 to 2024.
- How do Somalia and South Africa rank globally for taxes on income, profits and capital gains?
- Somalia ranks 36th and South Africa ranks 34th 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.