Saudi Arabia vs Somalia: Taxes on income, profits and capital gains
Saudi Arabia
2.5%
in 2024
Somalia
4.0%
in 2024
Saudi Arabia rank
150th
Somalia rank
148th
Taxes on income, profits and capital gains over time
- Saudi Arabia
- Somalia
How they compare
Somalia currently reports 4.0% against 2.5% in Saudi Arabia, a difference of 1.5%.
That makes Somalia's figure about 1.6 times Saudi Arabia's.
The two have swapped places 3 times across 8 shared years of data; in 2017 it was Saudi Arabia ahead.
Saudi Arabia ranks 150th and Somalia ranks 148th of 153 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Saudi Arabia | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.9% | 2.6% | 0.7% | Somalia |
| 2020s | 2.4% | 2.8% | 0.4% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Saudi Arabia or Somalia?
- Somalia, at 4.0% against 2.5% in Saudi Arabia as of 2024.
- What is the difference in taxes on income, profits and capital gains between Saudi Arabia and Somalia?
- 1.5%, with Somalia ahead.
- How many years of comparable data are there for Saudi Arabia and Somalia?
- 8 years are reported by both, from 2017 to 2024.
- How do Saudi Arabia and Somalia rank globally for taxes on income, profits and capital gains?
- Saudi Arabia ranks 150th and Somalia ranks 148th 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.