Luxembourg vs United States: Taxes on income, profits, and capital gains, Ratio of this level of
Taxes on income, profits, and capital gains, Ratio of this level of over time
- Luxembourg
- United States
How they compare
Luxembourg currently reports 0.8966 against 0.7764 in United States, a difference of 0.1202.
That makes Luxembourg's figure about 1.2 times United States's.
Across all 26 years both countries report, Luxembourg has been ahead every year.
Luxembourg ranks 51st and United States ranks 53rd of 80 countries.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Luxembourg | United States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.8523 | 0.824 | 0.0283 | Luxembourg |
| 2000s | 0.8686 | 0.806 | 0.0626 | Luxembourg |
| 2010s | 0.8985 | 0.8021 | 0.0965 | Luxembourg |
| 2020s | 0.8966 | 0.7764 | 0.1202 | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits, and capital gains, ratio of this level of, Luxembourg or United States?
- Luxembourg, at 0.8966 against 0.7764 in United States as of 2020.
- What is the difference in taxes on income, profits, and capital gains, ratio of this level of between Luxembourg and United States?
- 0.1202, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and United States?
- 26 years are reported by both, from 1995 to 2020.
- How do Luxembourg and United States rank globally for taxes on income, profits, and capital gains, ratio of this level of?
- Luxembourg ranks 51st and United States ranks 53rd of 80 countries.
- Where does this data come from?
- International Monetary Fund, published as Taxes on income, profits, and capital gains, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.