Taxes on income, profits and capital gains in East Asia & Pacific
East Asia & Pacific: Taxes on income, profits and capital gains was 34.0% in 2023. ▬ Flat
Taxes on income, profits and capital gains in East Asia & Pacific, 1992–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2023, taxes on income, profits and capital gains in East Asia & Pacific stood at 34.0%.
Compared with earlier readings it is up 0.3% on the previous year and up 2.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in East Asia & Pacific peaked at 36.5% in 2009 and was at its lowest, 28.5%, in 2016.
East Asia & Pacific ranks 2nd of 41 groups on this measure, in the top 10%.
Taxes on income, profits and capital gains in East Asia & Pacific, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1992 | 30.9% | — |
| 1993 | 33.2% | +7.3% |
| 1996 | 32.7% | -1.6% |
| 1997 | 33.6% | +2.7% |
| 1998 | 34.5% | +2.9% |
| 1999 | 33.8% | -2.2% |
| 2001 | 31.6% | -6.5% |
| 2002 | 31.5% | -0.2% |
| 2003 | 29.6% | -6.1% |
| 2004 | 30.1% | +1.6% |
| 2005 | 31.5% | +4.7% |
| 2006 | 36.0% | +14.3% |
| 2007 | 34.3% | -4.8% |
| 2008 | 35.5% | +3.6% |
| 2009 | 36.5% | +3.0% |
| 2010 | 33.6% | -8.1% |
| 2011 | 34.6% | +2.9% |
| 2012 | 34.7% | +0.4% |
| 2013 | 33.0% | -4.9% |
| 2014 | 32.9% | -0.2% |
| 2015 | 29.8% | -9.7% |
| 2016 | 28.5% | -4.3% |
| 2017 | 28.7% | +0.7% |
| 2018 | 30.0% | +4.4% |
| 2019 | 29.8% | -0.5% |
| 2020 | 29.0% | -2.6% |
| 2021 | 32.2% | +10.9% |
| 2022 | 33.9% | +5.2% |
| 2023 | 34.0% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.1% | 30.9% | 34.5% | 6 |
| 2000s | 33.0% | 29.6% | 36.5% | 9 |
| 2010s | 31.6% | 28.5% | 34.7% | 10 |
| 2020s | 32.3% | 29.0% | 34.0% | 4 |
Countries ranked near East Asia & Pacific
- 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
More public sector data for East Asia & Pacific
- Arms imports 4.69 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.96 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 12.28 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 4.69 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 217.12 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0161 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.09 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 518.54 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 170.8 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in East Asia & Pacific?
- Taxes on income, profits and capital gains in East Asia & Pacific was 34.0% 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?
- The highest recorded value was 36.5% in 2009.
- What is the lowest taxes on income, profits and capital gains recorded in East Asia & Pacific?
- The lowest recorded value was 28.5% in 2016.
- How does East Asia & Pacific rank for taxes on income, profits and capital gains?
- East Asia & Pacific ranks 2nd out of 41 groups with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in East Asia & Pacific?
- Over the last ten years it is up 2.9%. The long-run trend across the full record is flat.
- Where does this East Asia & Pacific 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 — 29 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.