Taxes on income, profits and capital gains in El Salvador
El Salvador: Taxes on income, profits and capital gains was 28.4% in 2024. ▲ Rising
Taxes on income, profits and capital gains in El Salvador, 1998–2024
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 El Salvador is 28.4%, measured in 2024.
That represents a change of down 6.0% on the previous year and up 9.7% over ten years.
Over the whole period, taxes on income, profits and capital gains in El Salvador peaked at 30.3% in 2023 and was at its lowest, 14.1%, in 2001.
That places El Salvador 56th out of 153 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Taxes on income, profits and capital gains in El Salvador, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1998 | 18.9% | — |
| 1999 | 22.0% | +16.3% |
| 2000 | 16.7% | -24.2% |
| 2001 | 14.1% | -15.2% |
| 2002 | 20.5% | +44.7% |
| 2003 | 21.5% | +5.3% |
| 2004 | 21.1% | -2.3% |
| 2005 | 24.0% | +14.2% |
| 2006 | 24.4% | +1.5% |
| 2007 | 24.5% | +0.2% |
| 2008 | 23.7% | -3.2% |
| 2009 | 26.7% | +12.7% |
| 2010 | 25.4% | -4.8% |
| 2011 | 24.3% | -4.5% |
| 2012 | 23.0% | -5.2% |
| 2013 | 25.8% | +12.2% |
| 2014 | 25.9% | +0.3% |
| 2015 | 25.6% | -1.1% |
| 2016 | 28.3% | +10.4% |
| 2017 | 27.1% | -4.0% |
| 2018 | 27.3% | +0.7% |
| 2019 | 28.2% | +3.1% |
| 2020 | 29.9% | +6.0% |
| 2021 | 25.4% | -14.9% |
| 2022 | 29.7% | +16.8% |
| 2023 | 30.3% | +2.0% |
| 2024 | 28.4% | -6.0% |
El Salvador compared with similar countries
- El Salvador's 28.4% is above the median for upper middle income countries, which is 22.7%, 1.3× the median. (48 countries reporting)
- El Salvador's 28.4% is above the median for Latin America & Caribbean, which is 25.4%, 1.1× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.4% | 18.9% | 22.0% | 2 |
| 2000s | 21.7% | 14.1% | 26.7% | 10 |
| 2010s | 26.1% | 23.0% | 28.3% | 10 |
| 2020s | 28.7% | 25.4% | 30.3% | 5 |
Countries ranked near El Salvador
More public sector data for El Salvador
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in El Salvador?
- Taxes on income, profits and capital gains in El Salvador was 28.4% 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 El Salvador?
- The highest recorded value was 30.3% in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in El Salvador?
- The lowest recorded value was 14.1% in 2001.
- How does El Salvador rank for taxes on income, profits and capital gains?
- El Salvador ranks 56th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in El Salvador?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- Where does this El Salvador 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.