Nicaragua vs Sub-Saharan Africa (IDA & IBRD countries): Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Nicaragua
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Nicaragua currently reports 41.3% against 27.8% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 13.5%.
That makes Nicaragua's figure about 1.5 times Sub-Saharan Africa (IDA & IBRD countries)'s.
Across all 15 years both countries report, Nicaragua has been ahead every year.
Nicaragua ranks 11th and Sub-Saharan Africa (IDA & IBRD countries) ranks 14th of 153 countries.
Nicaragua has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nicaragua | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 29.0% | 22.0% | 7.0% | Nicaragua |
| 2010s | 33.6% | 24.5% | 9.1% | Nicaragua |
| 2020s | 40.4% | 26.6% | 13.7% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Nicaragua or Sub-Saharan Africa (IDA & IBRD countries)?
- Nicaragua, at 41.3% against 27.8% in Sub-Saharan Africa (IDA & IBRD countries) as of 2024.
- What is the difference in taxes on income, profits and capital gains between Nicaragua and Sub-Saharan Africa (IDA & IBRD countries)?
- 13.5%, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Sub-Saharan Africa (IDA & IBRD countries)?
- 15 years are reported by both, from 2009 to 2023.
- How do Nicaragua and Sub-Saharan Africa (IDA & IBRD countries) rank globally for taxes on income, profits and capital gains?
- Nicaragua ranks 11th and Sub-Saharan Africa (IDA & IBRD countries) ranks 14th of 153 countries.
- 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.