Canada vs Denmark: Taxes on income, profits and capital gains
Canada
53.9%
in 2024
Denmark
51.4%
in 2024
Canada rank
5th
Denmark rank
6th
Taxes on income, profits and capital gains over time
- Canada
- Denmark
How they compare
Canada currently reports 53.9% against 51.4% in Denmark, a difference of 2.5%.
Across all 35 years both countries report, Canada has been ahead every year.
Canada ranks 5th and Denmark ranks 6th of 153 countries.
Canada has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | Denmark | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 50.3% | 38.9% | 11.5% | Canada |
| 2000s | 53.2% | 39.0% | 14.1% | Canada |
| 2010s | 53.9% | 45.1% | 8.9% | Canada |
| 2020s | 55.6% | 48.8% | 6.8% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Canada or Denmark?
- Canada, at 53.9% against 51.4% in Denmark as of 2024.
- What is the difference in taxes on income, profits and capital gains between Canada and Denmark?
- 2.5%, with Canada ahead.
- How many years of comparable data are there for Canada and Denmark?
- 35 years are reported by both, from 1990 to 2024.
- How do Canada and Denmark rank globally for taxes on income, profits and capital gains?
- Canada ranks 5th and Denmark ranks 6th 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.