Taxes on income, profits and capital gains in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Taxes on income, profits and capital gains was 31.2% in 2023. ▼ Falling
Taxes on income, profits and capital gains in East Asia & Pacific (excluding high income), 1992–2023
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 East Asia & Pacific (excluding high income) is 31.2%, measured in 2023.
That represents a change of up 3.2% on the previous year and up 10.4% over ten years.
Over the whole period, taxes on income, profits and capital gains in East Asia & Pacific (excluding high income) peaked at 39.7% in 1998 and was at its lowest, 19.8%, in 2016.
That places East Asia & Pacific (excluding high income) 4th out of 41 groups with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 31 years of available data.
Taxes on income, profits and capital gains in East Asia & Pacific (excluding high income), year by year
| Year | % of revenue | Change |
|---|---|---|
| 1992 | 28.2% | — |
| 1993 | 35.8% | +27.1% |
| 1994 | 31.4% | -12.4% |
| 1995 | 32.1% | +2.4% |
| 1996 | 33.7% | +4.9% |
| 1997 | 35.5% | +5.4% |
| 1998 | 39.7% | +11.9% |
| 1999 | 38.8% | -2.4% |
| 2000 | 30.5% | -21.3% |
| 2001 | 30.7% | +0.5% |
| 2002 | 30.9% | +0.8% |
| 2003 | 28.7% | -7.2% |
| 2004 | 30.1% | +4.9% |
| 2005 | 29.0% | -3.6% |
| 2006 | 36.0% | +24.1% |
| 2008 | 34.9% | -3.0% |
| 2009 | 31.0% | -11.2% |
| 2010 | 30.2% | -2.6% |
| 2011 | 29.9% | -1.0% |
| 2012 | 26.0% | -13.1% |
| 2013 | 28.3% | +8.9% |
| 2014 | 26.3% | -7.1% |
| 2015 | 24.8% | -5.7% |
| 2016 | 19.8% | -20.2% |
| 2017 | 22.4% | +13.2% |
| 2018 | 22.2% | -0.6% |
| 2019 | 21.8% | -1.8% |
| 2020 | 25.0% | +14.2% |
| 2021 | 29.7% | +18.8% |
| 2022 | 30.2% | +2.0% |
| 2023 | 31.2% | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.4% | 28.2% | 39.7% | 8 |
| 2000s | 31.3% | 28.7% | 36.0% | 9 |
| 2010s | 25.2% | 19.8% | 30.2% | 10 |
| 2020s | 29.0% | 25.0% | 31.2% | 4 |
Countries ranked near East Asia & Pacific (excluding high income)
- 1 Australia 67.9% compare
- 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
More public sector data for East Asia & Pacific (excluding high income)
- Arms imports 872.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4073 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 -41.87 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 872.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 161.96 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0156 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.25 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 346.78 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 93.74 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in East Asia & Pacific (excluding high income)?
- Taxes on income, profits and capital gains in East Asia & Pacific (excluding high income) was 31.2% 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 East Asia & Pacific (excluding high income)?
- The highest recorded value was 39.7% in 1998.
- What is the lowest taxes on income, profits and capital gains recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 19.8% in 2016.
- How does East Asia & Pacific (excluding high income) rank for taxes on income, profits and capital gains?
- East Asia & Pacific (excluding high income) ranks 4th out of 41 groups with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in East Asia & Pacific (excluding high income)?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is falling.
- Where does this East Asia & Pacific (excluding high income) 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.