Taxes on income, profits and capital gains in Iraq
Iraq: Taxes on income, profits and capital gains was 2.0% in 2019. ▲ Rising
Taxes on income, profits and capital gains in Iraq, 2014–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2019, taxes on income, profits and capital gains in Iraq stood at 2.0%.
Compared with earlier readings it is down 33.5% on the previous year and up 57.2% over ten years.
That places Iraq 151st out of 153 countries with data for 2019, putting it in the bottom quarter.
Taxes on income, profits and capital gains in Iraq, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2014 | 1.3% | — |
| 2015 | 2.4% | +86.7% |
| 2016 | 4.8% | +103.0% |
| 2017 | 5.6% | +16.8% |
| 2018 | 3.0% | -46.6% |
| 2019 | 2.0% | -33.5% |
Iraq compared with similar countries
- Iraq's 2.0% is below the median for upper middle income countries, which is 22.7%, 9% of the median. (48 countries reporting)
- Iraq's 2.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 19.3%, 10% of the median. (13 countries reporting)
Countries ranked near Iraq
More public sector data for Iraq
- Arms imports 23.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4995 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -20.69 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 23.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 134.19 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0221 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 11.95 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.18 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 66.8 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Iraq?
- Taxes on income, profits and capital gains in Iraq was 2.0% in 2019, 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 Iraq?
- The highest recorded value was 5.6% in 2017.
- What is the lowest taxes on income, profits and capital gains recorded in Iraq?
- The lowest recorded value was 1.3% in 2014.
- How does Iraq rank for taxes on income, profits and capital gains?
- Iraq ranks 151st out of 153 countries with data for 2019.
- Is taxes on income, profits and capital gains rising or falling in Iraq?
- Over the last ten years it is up 57.2%. The long-run trend across the full record is rising.
- Where does this Iraq 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.