Which has higher taxes on income, profits and capital gains, Argentina or Somalia?

Argentina, at 14.7% against 13.5% in Somalia as of 2024.

How many years of comparable data are there for Argentina and Somalia?

8 years are reported by both, from 2017 to 2024.

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 total taxes). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Argentina vs Somalia: Taxes on income, profits and capital gains

Argentina

14.7%

in 2024

Somalia

13.5%

in 2024

Argentina rank

144th

Somalia rank

147th

Taxes on income, profits and capital gains over time

Argentina
Somalia

How they compare

Argentina currently reports 14.7% against 13.5% in Somalia, a difference of 1.2%.

That makes Argentina's figure about 1.1 times Somalia's.

Across all 8 years both countries report, Argentina has been ahead every year.

Argentina ranks 144th and Somalia ranks 147th of 153 countries.

Argentina has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Argentina	Somalia	Difference	Ahead
2010s	19.0%	4.6%	14.4%	Argentina
2020s	15.5%	10.5%	5.0%	Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits and capital gains, Argentina or Somalia?: Argentina, at 14.7% against 13.5% in Somalia as of 2024.
What is the difference in taxes on income, profits and capital gains between Argentina and Somalia?: 1.2%, with Argentina ahead.
How many years of comparable data are there for Argentina and Somalia?: 8 years are reported by both, from 2017 to 2024.
How do Argentina and Somalia rank globally for taxes on income, profits and capital gains?: Argentina ranks 144th and Somalia ranks 147th 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 total taxes). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Somalia: Taxes on income, profits and capital gains. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-percent-of-total-taxes/argentina/somalia-fed-rep/

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<a href="https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-percent-of-total-taxes/argentina/somalia-fed-rep/">Argentina vs Somalia: Taxes on income, profits and capital gains</a> — Statizoid

About this data

Indicator: Taxes on income, profits and capital gains (% of total taxes)
Unit: % of total taxes
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 153 places, 4,584 data points, 1972–2024
Last refreshed: 17 September 2026

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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.