Mongolia vs Sri Lanka: Taxes on income, profits and capital gains
Mongolia
32.7%
in 2024
Sri Lanka
33.5%
in 2023
Mongolia rank
93rd
Sri Lanka rank
92nd
Taxes on income, profits and capital gains over time
- Mongolia
- Sri Lanka
How they compare
Sri Lanka currently reports 33.5% against 32.7% in Mongolia, a difference of 0.8%.
The two have swapped places 5 times across 30 shared years of data; in 1992 it was Mongolia ahead.
Mongolia ranks 93rd and Sri Lanka ranks 92nd of 153 countries.
Mongolia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mongolia | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 39.1% | 15.2% | 23.9% | Mongolia |
| 2000s | 30.6% | 18.7% | 11.8% | Mongolia |
| 2010s | 26.2% | 19.3% | 7.0% | Mongolia |
| 2020s | 28.0% | 26.4% | 1.6% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Mongolia or Sri Lanka?
- Sri Lanka, at 33.5% against 32.7% in Mongolia as of 2023.
- What is the difference in taxes on income, profits and capital gains between Mongolia and Sri Lanka?
- 0.8%, with Sri Lanka ahead.
- How many years of comparable data are there for Mongolia and Sri Lanka?
- 30 years are reported by both, from 1992 to 2023.
- How do Mongolia and Sri Lanka rank globally for taxes on income, profits and capital gains?
- Mongolia ranks 93rd and Sri Lanka ranks 92nd 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.
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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.