Canada vs New Zealand: Taxes on income, profits and capital gains
Canada
53.9%
in 2024
New Zealand
56.7%
in 2024
Canada rank
5th
New Zealand rank
3rd
Taxes on income, profits and capital gains over time
- Canada
- New Zealand
How they compare
New Zealand currently reports 56.7% against 53.9% in Canada, a difference of 2.8%.
That makes New Zealand's figure about 1.1 times Canada's.
The two have swapped places 2 times across 24 shared years of data; in 2001 it was New Zealand ahead.
Canada ranks 5th and New Zealand ranks 3rd of 153 countries.
Across the 3 decades both report, Canada averaged higher in 1 and New Zealand in 2.
Head to head by decade
| Decade | Canada | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 53.0% | 55.2% | 2.2% | New Zealand |
| 2010s | 53.9% | 51.0% | 3.0% | Canada |
| 2020s | 55.6% | 56.4% | 0.7% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Canada or New Zealand?
- New Zealand, at 56.7% against 53.9% in Canada as of 2024.
- What is the difference in taxes on income, profits and capital gains between Canada and New Zealand?
- 2.8%, with New Zealand ahead.
- How many years of comparable data are there for Canada and New Zealand?
- 24 years are reported by both, from 2001 to 2024.
- How do Canada and New Zealand rank globally for taxes on income, profits and capital gains?
- Canada ranks 5th and New Zealand ranks 3rd 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.