Taxes on income, profits and capital gains in Late-demographic dividend
Late-demographic dividend: Taxes on income, profits and capital gains was 19.6% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Late-demographic dividend, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on income, profits and capital gains in Late-demographic dividend is 19.6%, measured in 2024.
The figure is down 5.4% on the previous year and up 2.6% over ten years.
Over the whole period, taxes on income, profits and capital gains in Late-demographic dividend peaked at 21.9% in 2019 and was at its lowest, 16.7%, in 2002.
That places Late-demographic dividend 38th out of 41 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Taxes on income, profits and capital gains in Late-demographic dividend, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1995 | 19.5% | — |
| 1996 | 18.6% | -4.9% |
| 1997 | 18.0% | -3.1% |
| 1998 | 18.8% | +4.7% |
| 1999 | 16.7% | -11.3% |
| 2000 | 18.0% | +7.6% |
| 2001 | 17.7% | -1.4% |
| 2002 | 16.7% | -6.0% |
| 2003 | 18.5% | +10.8% |
| 2004 | 17.6% | -4.8% |
| 2005 | 17.3% | -1.4% |
| 2006 | 19.5% | +12.2% |
| 2007 | 18.0% | -7.5% |
| 2008 | 20.0% | +10.9% |
| 2009 | 19.8% | -1.0% |
| 2010 | 19.9% | +0.8% |
| 2011 | 18.2% | -8.7% |
| 2012 | 18.5% | +1.7% |
| 2013 | 18.8% | +1.4% |
| 2014 | 19.1% | +1.6% |
| 2015 | 19.9% | +4.2% |
| 2016 | 20.8% | +4.6% |
| 2017 | 20.8% | +0.1% |
| 2018 | 20.5% | -1.4% |
| 2019 | 21.9% | +6.6% |
| 2020 | 21.2% | -3.4% |
| 2021 | 20.8% | -1.6% |
| 2022 | 20.9% | +0.3% |
| 2023 | 20.7% | -1.0% |
| 2024 | 19.6% | -5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.3% | 16.7% | 19.5% | 5 |
| 2000s | 18.3% | 16.7% | 20.0% | 10 |
| 2010s | 19.8% | 18.2% | 21.9% | 10 |
| 2020s | 20.6% | 19.6% | 21.2% | 5 |
Countries ranked near Late-demographic dividend
More public sector data for Late-demographic dividend
- Arms imports 6.92 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.97 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -9.75 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.92 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 259.7 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0202 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.9 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 604.82 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 172.06 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Late-demographic dividend?
- Taxes on income, profits and capital gains in Late-demographic dividend was 19.6% in 2024, 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 Late-demographic dividend?
- The highest recorded value was 21.9% in 2019.
- What is the lowest taxes on income, profits and capital gains recorded in Late-demographic dividend?
- The lowest recorded value was 16.7% in 2002.
- How does Late-demographic dividend rank for taxes on income, profits and capital gains?
- Late-demographic dividend ranks 38th out of 41 groups with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Late-demographic dividend?
- Over the last ten years it is up 2.6%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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.