Lower middle income vs Luxembourg: Taxes on income, profits and capital gains
Lower middle income
25.8%
in 2021
Luxembourg
35.6%
in 2024
Lower middle income rank
25th
Luxembourg rank
24th
Taxes on income, profits and capital gains over time
- Lower middle income
- Luxembourg
How they compare
Luxembourg currently reports 35.6% against 25.8% in Lower middle income, a difference of 9.8%.
That makes Luxembourg's figure about 1.4 times Lower middle income's.
Across all 19 years both countries report, Luxembourg has been ahead every year.
Lower middle income ranks 25th and Luxembourg ranks 24th of 41 groups.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lower middle income | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 21.1% | 28.0% | 6.9% | Luxembourg |
| 2010s | 24.9% | 30.1% | 5.2% | Luxembourg |
| 2020s | 26.5% | 31.9% | 5.4% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Lower middle income or Luxembourg?
- Luxembourg, at 35.6% against 25.8% in Lower middle income as of 2024.
- What is the difference in taxes on income, profits and capital gains between Lower middle income and Luxembourg?
- 9.8%, with Luxembourg ahead.
- How many years of comparable data are there for Lower middle income and Luxembourg?
- 19 years are reported by both, from 2003 to 2021.
- How do Lower middle income and Luxembourg rank globally for taxes on income, profits and capital gains?
- Lower middle income ranks 25th 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.
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.