Taxes on income, profits and capital gains in Europe & Central Asia
Europe & Central Asia: Taxes on income, profits and capital gains was 21.7% in 2024. ▼ Falling
Taxes on income, profits and capital gains in Europe & Central Asia, 1994–2024
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 Europe & Central Asia is 21.7%, measured in 2024.
Compared with earlier readings it is up 12.1% on the previous year and up 20.8% over ten years.
Over the whole period, taxes on income, profits and capital gains in Europe & Central Asia peaked at 22.0% in 1995 and was at its lowest, 16.6%, in 2013.
Europe & Central Asia ranks 36th of 41 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Taxes on income, profits and capital gains in Europe & Central Asia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1994 | 19.2% | — |
| 1995 | 22.0% | +14.7% |
| 1996 | 19.6% | -10.9% |
| 1997 | 20.5% | +4.6% |
| 1998 | 20.8% | +1.3% |
| 1999 | 20.4% | -2.2% |
| 2000 | 21.5% | +5.5% |
| 2001 | 19.9% | -7.4% |
| 2002 | 21.1% | +6.1% |
| 2003 | 19.5% | -7.5% |
| 2004 | 19.2% | -1.8% |
| 2005 | 18.9% | -1.6% |
| 2006 | 19.7% | +4.5% |
| 2007 | 20.5% | +3.9% |
| 2008 | 20.0% | -2.6% |
| 2009 | 18.2% | -9.0% |
| 2010 | 17.8% | -2.1% |
| 2011 | 17.3% | -2.8% |
| 2012 | 16.8% | -2.6% |
| 2013 | 16.6% | -1.2% |
| 2014 | 18.0% | +8.1% |
| 2015 | 17.8% | -0.9% |
| 2016 | 18.5% | +4.1% |
| 2017 | 18.7% | +0.7% |
| 2018 | 18.1% | -3.2% |
| 2019 | 18.4% | +1.7% |
| 2020 | 17.9% | -2.5% |
| 2021 | 18.8% | +5.1% |
| 2022 | 19.0% | +1.0% |
| 2023 | 19.3% | +1.7% |
| 2024 | 21.7% | +12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.4% | 19.2% | 22.0% | 6 |
| 2000s | 19.8% | 18.2% | 21.5% | 10 |
| 2010s | 17.8% | 16.6% | 18.7% | 10 |
| 2020s | 19.4% | 17.9% | 21.7% | 5 |
Countries ranked near Europe & Central Asia
More public sector data for Europe & Central Asia
- Arms imports 14.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 15.26 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 23.95 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 14.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 774.37 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0245 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.52 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 719.05 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 416.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Europe & Central Asia?
- Taxes on income, profits and capital gains in Europe & Central Asia was 21.7% 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 Europe & Central Asia?
- The highest recorded value was 22.0% in 1995.
- What is the lowest taxes on income, profits and capital gains recorded in Europe & Central Asia?
- The lowest recorded value was 16.6% in 2013.
- How does Europe & Central Asia rank for taxes on income, profits and capital gains?
- Europe & Central Asia ranks 36th out of 41 groups with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Europe & Central Asia?
- Over the last ten years it is up 20.8%. The long-run trend across the full record is falling.
- Where does this Europe & Central Asia 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.