Latin America & Caribbean vs Malta: Taxes on income, profits and capital gains
Latin America & Caribbean
29.1%
in 2024
Malta
41.7%
in 2024
Latin America & Caribbean rank
8th
Malta rank
10th
Taxes on income, profits and capital gains over time
- Latin America & Caribbean
- Malta
How they compare
Malta currently reports 41.7% against 29.1% in Latin America & Caribbean, a difference of 12.6%.
That makes Malta's figure about 1.4 times Latin America & Caribbean's.
Across all 27 years both countries report, Malta has been ahead every year.
Latin America & Caribbean ranks 8th and Malta ranks 10th of 41 groups.
Malta has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Malta | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18.3% | 22.4% | 4.1% | Malta |
| 2000s | 21.5% | 27.8% | 6.3% | Malta |
| 2010s | 27.1% | 32.5% | 5.4% | Malta |
| 2020s | 28.8% | 37.7% | 8.8% | Malta |
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 Malta?
- Malta, at 41.7% 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 Malta?
- 12.6%, with Malta ahead.
- How many years of comparable data are there for Latin America & Caribbean and Malta?
- 27 years are reported by both, from 1998 to 2024.
- How do Latin America & Caribbean and Malta rank globally for taxes on income, profits and capital gains?
- Latin America & Caribbean ranks 8th and Malta ranks 10th 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.