Taxes on income, profits and capital gains in Brazil
Brazil: Taxes on income, profits and capital gains was 34.2% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Brazil, 2010–2024
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 Brazil stood at 34.2%. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 1.0% on the previous year and up 24.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Brazil peaked at 34.2% in 2024 and was at its lowest, 25.6%, in 2012.
That places Brazil 34th out of 153 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Taxes on income, profits and capital gains in Brazil, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2010 | 25.7% | — |
| 2011 | 27.6% | +7.4% |
| 2012 | 25.6% | -7.3% |
| 2013 | 26.6% | +4.0% |
| 2014 | 27.5% | +3.4% |
| 2015 | 25.9% | -5.8% |
| 2016 | 27.6% | +6.6% |
| 2017 | 28.6% | +3.5% |
| 2018 | 27.7% | -3.0% |
| 2019 | 28.3% | +2.3% |
| 2020 | 31.2% | +10.0% |
| 2021 | 31.4% | +0.9% |
| 2022 | 33.5% | +6.5% |
| 2023 | 33.8% | +1.1% |
| 2024 | 34.2% | +1.0% |
Brazil compared with similar countries
- Brazil's 34.2% is above the median for upper middle income countries, which is 22.7%, 1.5× the median. (48 countries reporting)
- Brazil's 34.2% is above the median for Latin America & Caribbean, which is 25.4%, 1.3× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 27.1% | 25.6% | 28.6% | 10 |
| 2020s | 32.8% | 31.2% | 34.2% | 5 |
Countries ranked near Brazil
More public sector data for Brazil
- Arms imports 435.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.05 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 135.13 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 435.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 98.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0096 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -3.86 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 20.95 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 22.13 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Brazil?
- Taxes on income, profits and capital gains in Brazil was 34.2% 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 Brazil?
- The highest recorded value was 34.2% in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Brazil?
- The lowest recorded value was 25.6% in 2012.
- How does Brazil rank for taxes on income, profits and capital gains?
- Brazil ranks 34th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Brazil?
- Over the last ten years it is up 24.3%. The long-run trend across the full record is rising.
- Where does this Brazil 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.