Taxes on income, profits and capital gains in Kenya
Kenya: Taxes on income, profits and capital gains was 33.3% in 2023. ▼ Falling
Taxes on income, profits and capital gains in Kenya, 2014–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Kenya recorded 33.3% for taxes on income, profits and capital gains in 2023.
Compared with earlier readings it is up 0.9% on the previous year and down 10.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in Kenya peaked at 37.4% in 2015 and was at its lowest, 32.8%, in 2021.
Kenya ranks 37th of 153 countries on this measure, in the top quarter.
Taxes on income, profits and capital gains in Kenya, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2014 | 37.4% | — |
| 2015 | 37.4% | +0.0% |
| 2017 | 35.0% | -6.5% |
| 2018 | 37.1% | +6.0% |
| 2019 | 35.1% | -5.4% |
| 2020 | 37.0% | +5.4% |
| 2021 | 32.8% | -11.4% |
| 2022 | 33.0% | +0.8% |
| 2023 | 33.3% | +0.9% |
Kenya compared with similar countries
- Kenya's 33.3% is above the median for lower middle income countries, which is 25.8%, 1.3× the median. (35 countries reporting)
- Kenya's 33.3% is above the median for Sub-Saharan Africa, which is 25.5%, 1.3× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 36.4% | 35.0% | 37.4% | 5 |
| 2020s | 34.0% | 32.8% | 37.0% | 4 |
Countries ranked near Kenya
More public sector data for Kenya
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3012 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 -75 % change on previous year (2022)
- Arms imports (SIPRI trend indicator values), gaps filled 17.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 21.82 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0102 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 16.84 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.23 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1.72 SIPRI trend indicator values per square kilometre (2022)
Frequently asked questions
- What is taxes on income, profits and capital gains in Kenya?
- Taxes on income, profits and capital gains in Kenya was 33.3% 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 Kenya?
- The highest recorded value was 37.4% in 2015.
- What is the lowest taxes on income, profits and capital gains recorded in Kenya?
- The lowest recorded value was 32.8% in 2021.
- How does Kenya rank for taxes on income, profits and capital gains?
- Kenya ranks 37th out of 153 countries with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in Kenya?
- Over the last ten years it is down 10.9%. The long-run trend across the full record is falling.
- Where does this Kenya 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.