Nicaragua vs Sub-Saharan Africa: Taxes on income, profits and capital gains
Nicaragua
41.3%
in 2024
Sub-Saharan Africa
27.8%
in 2023
Nicaragua rank
11th
Sub-Saharan Africa rank
14th
Taxes on income, profits and capital gains over time
- Nicaragua
- Sub-Saharan Africa
How they compare
Nicaragua currently reports 41.3% against 27.8% in Sub-Saharan Africa, a difference of 13.5%.
That makes Nicaragua's figure about 1.5 times Sub-Saharan Africa's.
Across all 15 years both countries report, Nicaragua has been ahead every year.
Nicaragua ranks 11th and Sub-Saharan Africa 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 | 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?
- Nicaragua, at 41.3% against 27.8% in Sub-Saharan Africa as of 2024.
- What is the difference in taxes on income, profits and capital gains between Nicaragua and Sub-Saharan Africa?
- 13.5%, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Sub-Saharan Africa?
- 15 years are reported by both, from 2009 to 2023.
- How do Nicaragua and Sub-Saharan Africa rank globally for taxes on income, profits and capital gains?
- Nicaragua ranks 11th and Sub-Saharan Africa 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.
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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.