Least developed countries vs Luxembourg: Taxes on income, profits and capital gains (% of revenue)
Least developed countries
24.6%
in 2021
Luxembourg
35.6%
in 2024
Least developed countries rank
27th
Luxembourg rank
24th
Taxes on income, profits and capital gains (% of revenue) over time
- Least developed countries
- Luxembourg
How they compare
Luxembourg currently reports 35.6% against 24.6% in Least developed countries, a difference of 11.0%.
That makes Luxembourg's figure about 1.4 times Least developed countries's.
Across all 11 years both countries report, Luxembourg has been ahead every year.
Least developed countries ranks 27th and Luxembourg ranks 24th of 41 groups.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 20.7% | 30.3% | 9.6% | Luxembourg |
| 2020s | 24.4% | 31.9% | 7.5% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Least developed countries or Luxembourg?
- Luxembourg, at 35.6% against 24.6% in Least developed countries as of 2024.
- What is the difference in taxes on income, profits and capital gains between Least developed countries and Luxembourg?
- 11.0%, with Luxembourg ahead.
- How many years of comparable data are there for Least developed countries and Luxembourg?
- 11 years are reported by both, from 2010 to 2021.
- How do Least developed countries and Luxembourg rank globally for taxes on income, profits and capital gains?
- Least developed countries ranks 27th and Luxembourg ranks 24th 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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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.