Latin America & Caribbean (excluding high income) vs Malaysia: Taxes on income, profits and capital gains

Latin America & Caribbean (excluding high income)
29.3%
in 2024
Malaysia
47.6%
in 2024
Latin America & Caribbean (excluding high income) rank
6th
Malaysia rank
8th

Taxes on income, profits and capital gains over time

  • Latin America & Caribbean (excluding high income)
  • Malaysia
20304050199620102024

How they compare

Malaysia currently reports 47.6% against 29.3% in Latin America & Caribbean (excluding high income), a difference of 18.3%.

That makes Malaysia's figure about 1.6 times Latin America & Caribbean (excluding high income)'s.

Across all 25 years both countries report, Malaysia has been ahead every year.

Latin America & Caribbean (excluding high income) ranks 6th and Malaysia ranks 8th of 41 groups.

Malaysia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Malaysia Difference Ahead
1990s 19.6% 46.3% 26.7% Malaysia
2000s 22.0% 45.7% 23.6% Malaysia
2010s 26.8% 49.2% 22.4% Malaysia
2020s 29.3% 48.0% 18.7% Malaysia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits and capital gains, Latin America & Caribbean (excluding high income) or Malaysia?
Malaysia, at 47.6% against 29.3% in Latin America & Caribbean (excluding high income) as of 2024.
What is the difference in taxes on income, profits and capital gains between Latin America & Caribbean (excluding high income) and Malaysia?
18.3%, with Malaysia ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Malaysia?
25 years are reported by both, from 1998 to 2024.
How do Latin America & Caribbean (excluding high income) and Malaysia rank globally for taxes on income, profits and capital gains?
Latin America & Caribbean (excluding high income) ranks 6th and Malaysia ranks 8th 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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Latin America & Caribbean (excluding high income) vs Malaysia: Taxes on income, profits and capital gains. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 19 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-percent-of-revenue/latin-america-and-caribbean-excluding-high-income/malaysia/

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About this data

Indicator
Taxes on income, profits and capital gains (% of revenue)
Unit
% of revenue
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
194 places, 5,670 data points, 1972–2024
Last refreshed

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.