Latin America & Caribbean vs Malaysia: Taxes on income, profits and capital gains
Latin America & Caribbean
29.1%
in 2024
Malaysia
47.6%
in 2024
Latin America & Caribbean rank
8th
Malaysia rank
8th
Taxes on income, profits and capital gains over time
- Latin America & Caribbean
- Malaysia
How they compare
Malaysia currently reports 47.6% against 29.1% in Latin America & Caribbean, a difference of 18.5%.
That makes Malaysia's figure about 1.6 times Latin America & Caribbean's.
Across all 27 years both countries report, Malaysia has been ahead every year.
Latin America & Caribbean ranks 8th 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 | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18.3% | 46.3% | 28.0% | Malaysia |
| 2000s | 21.5% | 46.6% | 25.1% | Malaysia |
| 2010s | 27.1% | 49.2% | 22.1% | Malaysia |
| 2020s | 28.8% | 48.0% | 19.2% | 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 or Malaysia?
- Malaysia, at 47.6% against 29.1% in Latin America & Caribbean as of 2024.
- What is the difference in taxes on income, profits and capital gains between Latin America & Caribbean and Malaysia?
- 18.5%, with Malaysia ahead.
- How many years of comparable data are there for Latin America & Caribbean and Malaysia?
- 27 years are reported by both, from 1998 to 2024.
- How do Latin America & Caribbean and Malaysia rank globally for taxes on income, profits and capital gains?
- Latin America & Caribbean ranks 8th 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.
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.