Taxes on income, profits and capital gains in Angola
Angola: Taxes on income, profits and capital gains was 29.1% in 2024. ▼ Falling
Taxes on income, profits and capital gains in Angola, 1999–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on income, profits and capital gains in Angola stood at 29.1%.
That represents a change of up 1.0% on the previous year and down 4.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in Angola peaked at 56.0% in 2005 and was at its lowest, 27.6%, in 2011.
Angola ranks 50th of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Taxes on income, profits and capital gains in Angola, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1999 | 30.8% | — |
| 2000 | 48.6% | +58.1% |
| 2001 | 43.4% | -10.8% |
| 2002 | 43.7% | +0.8% |
| 2003 | 42.7% | -2.4% |
| 2004 | 49.9% | +17.0% |
| 2005 | 56.0% | +12.2% |
| 2006 | 43.2% | -22.9% |
| 2007 | 39.1% | -9.5% |
| 2008 | 48.7% | +24.6% |
| 2009 | 54.8% | +12.4% |
| 2010 | 34.1% | -37.6% |
| 2011 | 27.6% | -19.1% |
| 2012 | 31.9% | +15.6% |
| 2013 | 29.7% | -6.8% |
| 2014 | 30.7% | +3.1% |
| 2015 | 40.2% | +31.3% |
| 2016 | 42.4% | +5.4% |
| 2017 | 39.4% | -7.1% |
| 2018 | 32.6% | -17.3% |
| 2019 | 40.5% | +24.4% |
| 2020 | 29.1% | -28.1% |
| 2021 | 30.1% | +3.4% |
| 2022 | 36.2% | +20.2% |
| 2023 | 28.9% | -20.3% |
| 2024 | 29.1% | +1.0% |
Angola compared with similar countries
- Angola's 29.1% is above the median for lower middle income countries, which is 25.8%, 1.1× the median. (35 countries reporting)
- Angola's 29.1% is above the median for Sub-Saharan Africa, which is 25.5%, 1.1× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.8% | 30.8% | 30.8% | 1 |
| 2000s | 47.0% | 39.1% | 56.0% | 10 |
| 2010s | 34.9% | 27.6% | 42.4% | 10 |
| 2020s | 30.7% | 28.9% | 36.2% | 5 |
Countries ranked near Angola
More public sector data for Angola
- Arms imports 16.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4223 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 6.67 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 16.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 24.34 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0089 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -26.11 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 922.05 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 12.03 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Angola?
- Taxes on income, profits and capital gains in Angola was 29.1% in 2024, 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 Angola?
- The highest recorded value was 56.0% in 2005.
- What is the lowest taxes on income, profits and capital gains recorded in Angola?
- The lowest recorded value was 27.6% in 2011.
- How does Angola rank for taxes on income, profits and capital gains?
- Angola ranks 50th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Angola?
- Over the last ten years it is down 4.9%. The long-run trend across the full record is falling.
- Where does this Angola 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.