Latin America & Caribbean (excluding high income) vs New Zealand: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Latin America & Caribbean (excluding high income)
- New Zealand
How they compare
New Zealand currently reports 56.7% against 29.3% in Latin America & Caribbean (excluding high income), a difference of 27.4%.
That makes New Zealand's figure about 1.9 times Latin America & Caribbean (excluding high income)'s.
Across all 22 years both countries report, New Zealand has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 6th and New Zealand ranks 3rd of 41 groups.
New Zealand has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.5% | 55.8% | 33.3% | New Zealand |
| 2010s | 26.8% | 51.0% | 24.1% | New Zealand |
| 2020s | 29.3% | 56.4% | 27.1% | New Zealand |
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 New Zealand?
- New Zealand, at 56.7% 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 New Zealand?
- 27.4%, with New Zealand ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and New Zealand?
- 22 years are reported by both, from 2003 to 2024.
- How do Latin America & Caribbean (excluding high income) and New Zealand rank globally for taxes on income, profits and capital gains?
- Latin America & Caribbean (excluding high income) ranks 6th and New Zealand ranks 3rd 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.