Denmark vs Latin America & Caribbean: Taxes on income, profits and capital gains
Denmark
51.4%
in 2024
Latin America & Caribbean
29.1%
in 2024
Denmark rank
6th
Latin America & Caribbean rank
8th
Taxes on income, profits and capital gains over time
- Denmark
- Latin America & Caribbean
How they compare
Denmark currently reports 51.4% against 29.1% in Latin America & Caribbean, a difference of 22.3%.
That makes Denmark's figure about 1.8 times Latin America & Caribbean's.
Across all 27 years both countries report, Denmark has been ahead every year.
Denmark ranks 6th and Latin America & Caribbean ranks 8th of 153 countries.
Denmark has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Denmark | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 38.8% | 18.3% | 20.5% | Denmark |
| 2000s | 39.0% | 21.5% | 17.5% | Denmark |
| 2010s | 45.1% | 27.1% | 18.0% | Denmark |
| 2020s | 48.8% | 28.8% | 20.0% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Denmark or Latin America & Caribbean?
- Denmark, at 51.4% against 29.1% in Latin America & Caribbean as of 2024.
- What is the difference in taxes on income, profits and capital gains between Denmark and Latin America & Caribbean?
- 22.3%, with Denmark ahead.
- How many years of comparable data are there for Denmark and Latin America & Caribbean?
- 27 years are reported by both, from 1998 to 2024.
- How do Denmark and Latin America & Caribbean rank globally for taxes on income, profits and capital gains?
- Denmark ranks 6th and Latin America & Caribbean ranks 8th 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.