Europe & Central Asia (IDA & IBRD countries) vs Jamaica: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Europe & Central Asia (IDA & IBRD countries)
- Jamaica
How they compare
Jamaica currently reports 33.2% against 16.7% in Europe & Central Asia (IDA & IBRD countries), a difference of 16.5%.
That makes Jamaica's figure about 2.0 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 24 years both countries report, Jamaica has been ahead every year.
Europe & Central Asia (IDA & IBRD countries) ranks 40th and Jamaica ranks 39th of 41 groups.
Jamaica has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 13.5% | 38.5% | 25.0% | Jamaica |
| 2000s | 12.6% | 40.4% | 27.8% | Jamaica |
| 2010s | 14.1% | 33.1% | 19.0% | Jamaica |
| 2020s | 14.7% | 33.2% | 18.6% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Europe & Central Asia (IDA & IBRD countries) or Jamaica?
- Jamaica, at 33.2% against 16.7% in Europe & Central Asia (IDA & IBRD countries) as of 2020.
- What is the difference in taxes on income, profits and capital gains between Europe & Central Asia (IDA & IBRD countries) and Jamaica?
- 16.5%, with Jamaica ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Jamaica?
- 24 years are reported by both, from 1997 to 2020.
- How do Europe & Central Asia (IDA & IBRD countries) and Jamaica rank globally for taxes on income, profits and capital gains?
- Europe & Central Asia (IDA & IBRD countries) ranks 40th and Jamaica ranks 39th 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.
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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.