Euro area vs Philippines: Taxes on income, profits and capital gains
Euro area
25.3%
in 2024
Philippines
34.7%
in 2024
Euro area rank
27th
Philippines rank
30th
Taxes on income, profits and capital gains over time
- Euro area
- Philippines
How they compare
Philippines currently reports 34.7% against 25.3% in Euro area, a difference of 9.4%.
That makes Philippines's figure about 1.4 times Euro area's.
Across all 35 years both countries report, Philippines has been ahead every year.
Euro area ranks 27th and Philippines ranks 30th of 41 groups.
Philippines has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Euro area | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.4% | 32.5% | 10.1% | Philippines |
| 2000s | 21.8% | 39.4% | 17.5% | Philippines |
| 2010s | 19.3% | 40.6% | 21.4% | Philippines |
| 2020s | 22.9% | 35.6% | 12.7% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Euro area or Philippines?
- Philippines, at 34.7% against 25.3% in Euro area as of 2024.
- What is the difference in taxes on income, profits and capital gains between Euro area and Philippines?
- 9.4%, with Philippines ahead.
- How many years of comparable data are there for Euro area and Philippines?
- 35 years are reported by both, from 1990 to 2024.
- How do Euro area and Philippines rank globally for taxes on income, profits and capital gains?
- Euro area ranks 27th and Philippines ranks 30th of 41 groups.
- 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.