Taxes on income, profits and capital gains in Early-demographic dividend
Early-demographic dividend: Taxes on income, profits and capital gains was 30.3% in 2023. ▲ Rising
Taxes on income, profits and capital gains in Early-demographic dividend, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on income, profits and capital gains in Early-demographic dividend is 30.3%, measured in 2023. That is the highest value across all 27 years on record.
The figure is up 9.0% on the previous year and up 23.8% over ten years.
Over the whole period, taxes on income, profits and capital gains in Early-demographic dividend peaked at 30.3% in 2023 and was at its lowest, 17.5%, in 1992.
That places Early-demographic dividend 5th out of 41 groups with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 27 years of available data.
Taxes on income, profits and capital gains in Early-demographic dividend, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 19.4% | — |
| 1991 | 17.9% | -8.0% |
| 1992 | 17.5% | -2.2% |
| 1993 | 19.5% | +11.7% |
| 2001 | 20.9% | +7.4% |
| 2002 | 20.5% | -2.3% |
| 2003 | 21.6% | +5.8% |
| 2004 | 21.1% | -2.4% |
| 2005 | 20.8% | -1.7% |
| 2006 | 19.9% | -4.3% |
| 2007 | 21.2% | +6.5% |
| 2008 | 21.7% | +2.8% |
| 2009 | 22.2% | +2.3% |
| 2010 | 25.0% | +12.5% |
| 2011 | 24.5% | -2.1% |
| 2012 | 22.3% | -8.8% |
| 2013 | 24.5% | +9.5% |
| 2014 | 24.9% | +1.7% |
| 2015 | 24.9% | +0.0% |
| 2016 | 26.3% | +5.6% |
| 2017 | 24.4% | -7.1% |
| 2018 | 26.8% | +9.6% |
| 2019 | 26.2% | -2.1% |
| 2020 | 27.3% | +4.1% |
| 2021 | 25.8% | -5.5% |
| 2022 | 27.8% | +7.8% |
| 2023 | 30.3% | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.6% | 17.5% | 19.5% | 4 |
| 2000s | 21.1% | 19.9% | 22.2% | 9 |
| 2010s | 25.0% | 22.3% | 26.8% | 10 |
| 2020s | 27.8% | 25.8% | 30.3% | 4 |
Countries ranked near Early-demographic dividend
- 2 Papua New Guinea 59.4% compare
- 3 New Zealand 56.7% compare
- 4 United States 56.3% compare
- 5 Canada 53.9% compare
- 6 Denmark 51.4% compare
- 7 South Africa 50.8% compare
- 8 Malaysia 47.6% compare
More public sector data for Early-demographic dividend
- Arms imports 5.98 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.68 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -38.5 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 5.98 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 97.77 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0222 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.98 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 347.32 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 291.7 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Early-demographic dividend?
- Taxes on income, profits and capital gains in Early-demographic dividend was 30.3% in 2023, 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 Early-demographic dividend?
- The highest recorded value was 30.3% in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in Early-demographic dividend?
- The lowest recorded value was 17.5% in 1992.
- How does Early-demographic dividend rank for taxes on income, profits and capital gains?
- Early-demographic dividend ranks 5th out of 41 groups with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in Early-demographic dividend?
- Over the last ten years it is up 23.8%. The long-run trend across the full record is rising.
- Where does this Early-demographic dividend 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.