IDA & IBRD total vs Luxembourg: Taxes on income, profits and capital gains
IDA & IBRD total
26.0%
in 2023
Luxembourg
35.6%
in 2024
IDA & IBRD total rank
24th
Luxembourg rank
24th
Taxes on income, profits and capital gains over time
- IDA & IBRD total
- Luxembourg
How they compare
Luxembourg currently reports 35.6% against 26.0% in IDA & IBRD total, a difference of 9.6%.
That makes Luxembourg's figure about 1.4 times IDA & IBRD total's.
Across all 21 years both countries report, Luxembourg has been ahead every year.
IDA & IBRD total ranks 24th and Luxembourg ranks 24th of 41 groups.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | IDA & IBRD total | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.2% | 28.0% | 9.8% | Luxembourg |
| 2010s | 21.5% | 30.1% | 8.6% | Luxembourg |
| 2020s | 25.0% | 32.4% | 7.5% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, IDA & IBRD total or Luxembourg?
- Luxembourg, at 35.6% against 26.0% in IDA & IBRD total as of 2024.
- What is the difference in taxes on income, profits and capital gains between IDA & IBRD total and Luxembourg?
- 9.6%, with Luxembourg ahead.
- How many years of comparable data are there for IDA & IBRD total and Luxembourg?
- 21 years are reported by both, from 2003 to 2023.
- How do IDA & IBRD total and Luxembourg rank globally for taxes on income, profits and capital gains?
- IDA & IBRD total ranks 24th and Luxembourg ranks 24th 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.