Taxes on income, profits and capital gains in Eswatini
Eswatini: Taxes on income, profits and capital gains was 34.4% in 2021. ▲ Rising
Taxes on income, profits and capital gains in Eswatini, 1999–2021
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 Eswatini is 34.4%, measured in 2021.
The figure is up 16.0% on the previous year and down 16.4% over ten years.
Over the whole period, taxes on income, profits and capital gains in Eswatini peaked at 41.5% in 2010 and was at its lowest, 18.6%, in 2012.
Eswatini ranks 33rd of 153 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Taxes on income, profits and capital gains in Eswatini, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1999 | 26.2% | — |
| 2000 | 27.7% | +5.8% |
| 2001 | 26.2% | -5.5% |
| 2002 | 27.4% | +4.8% |
| 2003 | 30.7% | +12.1% |
| 2004 | 25.3% | -17.7% |
| 2005 | 24.8% | -1.9% |
| 2006 | 19.2% | -22.5% |
| 2007 | 20.9% | +8.4% |
| 2008 | 20.8% | -0.4% |
| 2009 | 25.2% | +21.2% |
| 2010 | 41.5% | +64.7% |
| 2011 | 41.1% | -0.8% |
| 2012 | 18.6% | -54.7% |
| 2014 | 24.9% | +33.3% |
| 2015 | 26.2% | +5.4% |
| 2016 | 31.7% | +21.0% |
| 2017 | 28.9% | -9.0% |
| 2018 | 33.2% | +14.9% |
| 2019 | 32.0% | -3.7% |
| 2020 | 29.6% | -7.2% |
| 2021 | 34.4% | +16.0% |
Eswatini compared with similar countries
- Eswatini's 34.4% is above the median for lower middle income countries, which is 25.8%, 1.3× the median. (35 countries reporting)
- Eswatini's 34.4% is above the median for Sub-Saharan Africa, which is 25.5%, 1.3× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.2% | 26.2% | 26.2% | 1 |
| 2000s | 24.8% | 19.2% | 30.7% | 10 |
| 2010s | 30.9% | 18.6% | 41.5% | 9 |
| 2020s | 32.0% | 29.6% | 34.4% | 2 |
Countries ranked near Eswatini
More public sector data for Eswatini
- Military expenditure (current USD), per capita 64.09 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0164 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 79.66 million current USD (2024)
- Military expenditure (current USD), per square kilometre 4,100 current USD per square kilometre (2023)
- Tax revenue 24.3% (2021)
- Capital stock, General government, Current prices, Domestic currency 82.04 (2019)
- Capital stock, General government, Constant prices, Percent of GDP 93.03 (2019)
- Capital stock, General government, Constant prices, Purchasing power 8.99 (2019)
- Taxes on goods and services 25.8% (2021)
Frequently asked questions
- What is taxes on income, profits and capital gains in Eswatini?
- Taxes on income, profits and capital gains in Eswatini was 34.4% in 2021, 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 Eswatini?
- The highest recorded value was 41.5% in 2010.
- What is the lowest taxes on income, profits and capital gains recorded in Eswatini?
- The lowest recorded value was 18.6% in 2012.
- How does Eswatini rank for taxes on income, profits and capital gains?
- Eswatini ranks 33rd out of 153 countries with data for 2021.
- Is taxes on income, profits and capital gains rising or falling in Eswatini?
- Over the last ten years it is down 16.4%. The long-run trend across the full record is rising.
- Where does this Eswatini 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.