Taxes on income, profits and capital gains in Africa Western and Central
Africa Western and Central: Taxes on income, profits and capital gains was 23.5% in 2021. ▲ Rising
Taxes on income, profits and capital gains in Africa Western and Central, 2017–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2021, taxes on income, profits and capital gains in Africa Western and Central stood at 23.5%.
That represents a change of down 1.4% on the previous year and up 9.5% over five years.
Africa Western and Central ranks 34th of 41 groups on this measure, in the bottom quarter.
Taxes on income, profits and capital gains in Africa Western and Central, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2017 | 21.5% | — |
| 2018 | 21.8% | +1.3% |
| 2019 | 22.7% | +4.3% |
| 2020 | 23.9% | +5.2% |
| 2021 | 23.5% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22.0% | 21.5% | 22.7% | 3 |
| 2020s | 23.7% | 23.5% | 23.9% | 2 |
Countries ranked near Africa Western and Central
More public sector data for Africa Western and Central
- Arms imports 360.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.6914 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -36.28 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 360.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 15.4 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0109 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -14.98 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.02 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 62.46 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Africa Western and Central?
- Taxes on income, profits and capital gains in Africa Western and Central was 23.5% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Africa Western and Central?
- The highest recorded value was 23.9% in 2020.
- What is the lowest taxes on income, profits and capital gains recorded in Africa Western and Central?
- The lowest recorded value was 21.5% in 2017.
- How does Africa Western and Central rank for taxes on income, profits and capital gains?
- Africa Western and Central ranks 34th out of 41 groups with data for 2021.
- Where does this Africa Western and Central data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
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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.