Taxes on income, profits and capital gains in Other small states
Other small states: Taxes on income, profits and capital gains was 26.1% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Other small states, 1983–2024
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 Other small states is 26.1%, measured in 2024.
Compared with earlier readings it is up 9.1% on the previous year and up 15.8% over ten years.
Over the whole period, taxes on income, profits and capital gains in Other small states peaked at 26.2% in 1999 and was at its lowest, 8.1%, in 1986.
Other small states ranks 22nd of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Taxes on income, profits and capital gains in Other small states, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1983 | 13.2% | — |
| 1984 | 12.9% | -2.5% |
| 1985 | 10.6% | -17.6% |
| 1986 | 8.1% | -23.5% |
| 1987 | 9.6% | +18.2% |
| 1988 | 10.5% | +9.5% |
| 1989 | 12.7% | +20.9% |
| 1990 | 13.7% | +7.5% |
| 1991 | 19.8% | +44.8% |
| 1992 | 15.1% | -23.7% |
| 1993 | 13.8% | -8.5% |
| 1994 | 15.8% | +14.5% |
| 1995 | 19.6% | +23.7% |
| 1996 | 19.1% | -2.5% |
| 1997 | 18.5% | -3.2% |
| 1998 | 19.8% | +7.0% |
| 1999 | 26.2% | +32.4% |
| 2000 | 22.1% | -15.4% |
| 2001 | 21.4% | -3.3% |
| 2002 | 21.8% | +1.7% |
| 2003 | 23.0% | +5.7% |
| 2004 | 20.1% | -12.4% |
| 2005 | 20.2% | +0.2% |
| 2006 | 19.8% | -2.0% |
| 2007 | 20.9% | +5.8% |
| 2008 | 21.4% | +2.3% |
| 2009 | 23.3% | +8.8% |
| 2010 | 23.7% | +1.6% |
| 2011 | 25.9% | +9.3% |
| 2012 | 18.6% | -27.9% |
| 2013 | 22.2% | +19.1% |
| 2014 | 22.5% | +1.5% |
| 2015 | 21.9% | -2.7% |
| 2016 | 20.0% | -8.7% |
| 2017 | 23.2% | +15.8% |
| 2018 | 22.9% | -0.9% |
| 2019 | 23.2% | +1.0% |
| 2020 | 23.3% | +0.4% |
| 2021 | 24.7% | +6.1% |
| 2022 | 24.1% | -2.3% |
| 2023 | 23.9% | -0.8% |
| 2024 | 26.1% | +9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.1% | 8.1% | 13.2% | 7 |
| 1990s | 18.1% | 13.7% | 26.2% | 10 |
| 2000s | 21.4% | 19.8% | 23.3% | 10 |
| 2010s | 22.4% | 18.6% | 25.9% | 10 |
| 2020s | 24.4% | 23.3% | 26.1% | 5 |
Countries ranked near Other small states
- 19 Democratic Republic of Congo 38.8% compare
- 20 Georgia 38.5% compare
- 21 Indonesia 37.4% compare
- 22 Namibia 36.8% compare
- 23 Belgium 35.9% compare
- 24 Luxembourg 35.6% compare
- 25 Netherlands 35.5% compare
More public sector data for Other small states
- Arms imports 104.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 8.29 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -84.9 % change on previous year (2012)
- Arms imports (SIPRI trend indicator values), gaps filled 104.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 235.91 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 14.53 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.05 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 378.3 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is taxes on income, profits and capital gains in Other small states?
- Taxes on income, profits and capital gains in Other small states was 26.1% 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 Other small states?
- The highest recorded value was 26.2% in 1999.
- What is the lowest taxes on income, profits and capital gains recorded in Other small states?
- The lowest recorded value was 8.1% in 1986.
- How does Other small states rank for taxes on income, profits and capital gains?
- Other small states ranks 22nd out of 41 groups with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Other small states?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is rising.
- Where does this Other small states 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.