Taxes on income, profits and capital gains in IDA & IBRD total
IDA & IBRD total: Taxes on income, profits and capital gains was 26.0% in 2023. ▲ Rising
Taxes on income, profits and capital gains in IDA & IBRD total, 2003–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
IDA & IBRD total recorded 26.0% for taxes on income, profits and capital gains in 2023. That is the highest value across all 21 years on record.
That represents a change of up 3.4% on the previous year and up 30.7% over ten years.
Over the whole period, taxes on income, profits and capital gains in IDA & IBRD total peaked at 26.0% in 2023 and was at its lowest, 16.9%, in 2005.
IDA & IBRD total ranks 24th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes on income, profits and capital gains in IDA & IBRD total, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2003 | 17.7% | — |
| 2004 | 17.8% | +0.2% |
| 2005 | 16.9% | -4.8% |
| 2006 | 18.2% | +7.3% |
| 2007 | 17.2% | -5.2% |
| 2008 | 19.9% | +15.5% |
| 2009 | 19.8% | -0.6% |
| 2010 | 20.1% | +1.7% |
| 2011 | 20.5% | +1.9% |
| 2012 | 20.1% | -2.1% |
| 2013 | 19.9% | -0.9% |
| 2014 | 20.6% | +3.4% |
| 2015 | 23.4% | +13.7% |
| 2016 | 22.3% | -4.5% |
| 2017 | 22.4% | +0.4% |
| 2018 | 22.6% | +0.8% |
| 2019 | 23.4% | +3.4% |
| 2020 | 24.4% | +4.3% |
| 2021 | 24.4% | +0.2% |
| 2022 | 25.1% | +3.0% |
| 2023 | 26.0% | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.2% | 16.9% | 19.9% | 7 |
| 2010s | 21.5% | 19.9% | 23.4% | 10 |
| 2020s | 25.0% | 24.4% | 26.0% | 4 |
Countries ranked near IDA & IBRD total
More public sector data for IDA & IBRD total
- Arms imports 13.54 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 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -17.98 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 13.54 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 129.18 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0205 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.08 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 894.64 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 171.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in IDA & IBRD total?
- Taxes on income, profits and capital gains in IDA & IBRD total was 26.0% 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 IDA & IBRD total?
- The highest recorded value was 26.0% in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in IDA & IBRD total?
- The lowest recorded value was 16.9% in 2005.
- How does IDA & IBRD total rank for taxes on income, profits and capital gains?
- IDA & IBRD total ranks 24th out of 41 groups with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in IDA & IBRD total?
- Over the last ten years it is up 30.7%. The long-run trend across the full record is rising.
- Where does this IDA & IBRD total 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.