Taxes on income, profits and capital gains in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Taxes on income, profits and capital gains was 24.3% in 2021. ▲ Rising
Taxes on income, profits and capital gains in Heavily indebted poor countries (HIPC), 2010–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2021, taxes on income, profits and capital gains in Heavily indebted poor countries (HIPC) stood at 24.3%.
The figure is down 0.1% on the previous year and up 29.1% over ten years.
Over the whole period, taxes on income, profits and capital gains in Heavily indebted poor countries (HIPC) peaked at 24.3% in 2020 and was at its lowest, 18.8%, in 2010.
That places Heavily indebted poor countries (HIPC) 31st out of 41 groups with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Taxes on income, profits and capital gains in Heavily indebted poor countries (HIPC), year by year
| Year | % of revenue | Change |
|---|---|---|
| 2010 | 18.8% | — |
| 2012 | 21.4% | +13.9% |
| 2013 | 21.9% | +2.4% |
| 2014 | 20.8% | -4.9% |
| 2015 | 23.4% | +12.5% |
| 2016 | 22.4% | -4.2% |
| 2017 | 22.4% | -0.3% |
| 2018 | 23.5% | +5.2% |
| 2019 | 23.7% | +0.5% |
| 2020 | 24.3% | +2.7% |
| 2021 | 24.3% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22.0% | 18.8% | 23.7% | 9 |
| 2020s | 24.3% | 24.3% | 24.3% | 2 |
Countries ranked near Heavily indebted poor countries (HIPC)
More public sector data for Heavily indebted poor countries (HIPC)
- Arms imports 387.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4116 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -31.02 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 387.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 14.3 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0117 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.7 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 13.44 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 28.9 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Heavily indebted poor countries (HIPC)?
- Taxes on income, profits and capital gains in Heavily indebted poor countries (HIPC) was 24.3% 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 Heavily indebted poor countries (HIPC)?
- The highest recorded value was 24.3% in 2020.
- What is the lowest taxes on income, profits and capital gains recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 18.8% in 2010.
- How does Heavily indebted poor countries (HIPC) rank for taxes on income, profits and capital gains?
- Heavily indebted poor countries (HIPC) ranks 31st out of 41 groups with data for 2021.
- Is taxes on income, profits and capital gains rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is rising.
- Where does this Heavily indebted poor countries (HIPC) 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 — 11 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.