Taxes on income, profits and capital gains in China
China: Taxes on income, profits and capital gains was 17.5% in 2024. ▼ Falling
Taxes on income, profits and capital gains in China, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
China recorded 17.5% for taxes on income, profits and capital gains in 2024.
That represents a change of down 3.5% on the previous year and down 12.2% over ten years.
Over the whole period, taxes on income, profits and capital gains in China peaked at 28.3% in 2013 and was at its lowest, 16.4%, in 2007.
That places China 111th out of 153 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Taxes on income, profits and capital gains in China, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2005 | 23.8% | — |
| 2006 | 24.6% | +3.2% |
| 2007 | 16.4% | -33.2% |
| 2008 | 25.4% | +54.9% |
| 2009 | 24.6% | -3.3% |
| 2010 | 23.1% | -5.9% |
| 2011 | 24.9% | +7.7% |
| 2012 | 26.0% | +4.3% |
| 2013 | 28.3% | +8.9% |
| 2014 | 19.9% | -29.7% |
| 2015 | 20.6% | +3.8% |
| 2016 | 21.2% | +2.9% |
| 2017 | 20.9% | -1.6% |
| 2018 | 20.1% | -3.7% |
| 2019 | 18.9% | -6.0% |
| 2020 | 21.2% | +11.9% |
| 2021 | 20.4% | -3.6% |
| 2022 | 20.4% | -0.2% |
| 2023 | 18.1% | -11.1% |
| 2024 | 17.5% | -3.5% |
China compared with similar countries
- China's 17.5% is below the median for upper middle income countries, which is 22.7%, 77% of the median. (48 countries reporting)
- China's 17.5% is below the median for East Asia & Pacific, which is 22.7%, 77% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains in China changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +54.9% | 16.4% | 25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.0% | 16.4% | 25.4% | 5 |
| 2010s | 22.4% | 18.9% | 28.3% | 10 |
| 2020s | 19.5% | 17.5% | 21.2% | 5 |
Countries ranked near China
More public sector data for China
- Arms imports 72.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.0511 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -83.29 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 72.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 222.62 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0167 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 5.67 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 313.66 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 45.91 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in China?
- Taxes on income, profits and capital gains in China was 17.5% 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 China?
- The highest recorded value was 28.3% in 2013.
- What is the lowest taxes on income, profits and capital gains recorded in China?
- The lowest recorded value was 16.4% in 2007.
- How does China rank for taxes on income, profits and capital gains?
- China ranks 111th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in China?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is falling.
- Where does this China 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.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.