Taxes on income, profits and capital gains in IDA only
IDA only: Taxes on income, profits and capital gains was 24.1% in 2021. ▲ Rising
Taxes on income, profits and capital gains in IDA only, 2012–2021
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 IDA only stood at 24.1%. That is the highest value across all 10 years on record.
That represents a change of up 2.7% on the previous year and up 22.0% over ten years.
Over the whole period, taxes on income, profits and capital gains in IDA only peaked at 24.1% in 2021 and was at its lowest, 19.4%, in 2013.
That places IDA only 33rd out of 41 groups with data for 2021, putting it in the bottom quarter.
Taxes on income, profits and capital gains in IDA only, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2012 | 19.8% | — |
| 2013 | 19.4% | -1.9% |
| 2014 | 19.7% | +1.6% |
| 2015 | 21.0% | +6.6% |
| 2016 | 20.7% | -1.6% |
| 2017 | 21.7% | +5.1% |
| 2018 | 21.8% | +0.3% |
| 2019 | 22.6% | +3.9% |
| 2020 | 23.5% | +3.8% |
| 2021 | 24.1% | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.8% | 19.4% | 22.6% | 8 |
| 2020s | 23.8% | 23.5% | 24.1% | 2 |
Countries ranked near IDA only
More public sector data for IDA only
- Arms imports 825.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.6649 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -20.9 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 825.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 20.41 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0146 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 21.05 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 25.89 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 40.44 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in IDA only?
- Taxes on income, profits and capital gains in IDA only was 24.1% 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 IDA only?
- The highest recorded value was 24.1% in 2021.
- What is the lowest taxes on income, profits and capital gains recorded in IDA only?
- The lowest recorded value was 19.4% in 2013.
- How does IDA only rank for taxes on income, profits and capital gains?
- IDA only ranks 33rd out of 41 groups with data for 2021.
- Is taxes on income, profits and capital gains rising or falling in IDA only?
- Over the last ten years it is up 22.0%. The long-run trend across the full record is rising.
- Where does this IDA only 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.