India vs Small states: Taxes on income, profits and capital gains
India
34.8%
in 2022
Small states
24.1%
in 2022
India rank
29th
Small states rank
32nd
Taxes on income, profits and capital gains over time
- India
- Small states
How they compare
India currently reports 34.8% against 24.1% in Small states, a difference of 10.7%.
That makes India's figure about 1.4 times Small states's.
The two have swapped places 3 times across 29 shared years of data; in 1991 it was Small states ahead.
India ranks 29th and Small states ranks 32nd of 153 countries.
India has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | India | Small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 21.1% | 18.6% | 2.5% | India |
| 2000s | 36.3% | 22.8% | 13.4% | India |
| 2010s | 45.3% | 24.6% | 20.7% | India |
| 2020s | 34.8% | 24.1% | 10.7% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, India or Small states?
- India, at 34.8% against 24.1% in Small states as of 2022.
- What is the difference in taxes on income, profits and capital gains between India and Small states?
- 10.7%, with India ahead.
- How many years of comparable data are there for India and Small states?
- 29 years are reported by both, from 1991 to 2022.
- How do India and Small states rank globally for taxes on income, profits and capital gains?
- India ranks 29th and Small states ranks 32nd 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.