Somalia vs Sri Lanka: Taxes on income, profits and capital gains (current LCU)
Taxes on income, profits and capital gains (current LCU) over time
- Somalia
- Sri Lanka
How they compare
Somalia currently reports 1.02 trillion current LCU against 911.11 billion current LCU in Sri Lanka, a difference of 105.93 billion current LCU.
That makes Somalia's figure about 1.1 times Sri Lanka's.
The two have swapped places 2 times across 7 shared years of data; in 2017 it was Sri Lanka ahead.
Somalia ranks 37th and Sri Lanka ranks 40th of 153 countries.
Sri Lanka has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Somalia | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 191.27 billion current LCU | 337.57 billion current LCU | 146.30 billion current LCU | Sri Lanka |
| 2020s | 465.92 billion current LCU | 492.32 billion current LCU | 26.40 billion current LCU | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Somalia or Sri Lanka?
- Somalia, at 1.02 trillion current LCU against 911.11 billion current LCU in Sri Lanka as of 2024.
- What is the difference in taxes on income, profits and capital gains between Somalia and Sri Lanka?
- 105.93 billion current LCU, with Somalia ahead.
- How many years of comparable data are there for Somalia and Sri Lanka?
- 7 years are reported by both, from 2017 to 2023.
- How do Somalia and Sri Lanka rank globally for taxes on income, profits and capital gains?
- Somalia ranks 37th and Sri Lanka ranks 40th 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.