Taxes on income, profits and capital gains in Portugal
Portugal: Taxes on income, profits and capital gains was 24.5% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Portugal, 1975–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on income, profits and capital gains in Portugal stood at 24.5%.
Compared with earlier readings it is down 3.6% on the previous year and down 4.4% over ten years.
Over the whole period, taxes on income, profits and capital gains in Portugal peaked at 26.3% in 2013 and was at its lowest, 16.1%, in 1987.
That places Portugal 73rd out of 153 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Taxes on income, profits and capital gains in Portugal, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1975 | 17.1% | — |
| 1976 | 17.7% | +3.5% |
| 1977 | 17.4% | -1.9% |
| 1978 | 18.3% | +5.2% |
| 1979 | 21.5% | +17.2% |
| 1980 | 19.3% | -10.3% |
| 1981 | 21.6% | +12.4% |
| 1982 | 22.4% | +3.6% |
| 1983 | 23.3% | +4.1% |
| 1984 | 23.6% | +1.2% |
| 1985 | 25.1% | +6.1% |
| 1986 | 16.8% | -33.0% |
| 1987 | 16.1% | -4.4% |
| 1988 | 19.1% | +18.8% |
| 1989 | 21.2% | +11.1% |
| 1990 | 21.4% | +0.9% |
| 1995 | 22.0% | +3.0% |
| 1996 | 23.2% | +5.2% |
| 1997 | 23.2% | -0.0% |
| 1998 | 22.8% | -1.4% |
| 1999 | 23.2% | +1.7% |
| 2000 | 24.5% | +5.6% |
| 2001 | 23.5% | -4.2% |
| 2002 | 22.3% | -5.1% |
| 2003 | 20.2% | -9.2% |
| 2004 | 20.7% | +2.4% |
| 2005 | 20.2% | -2.7% |
| 2006 | 20.9% | +3.5% |
| 2007 | 22.5% | +7.6% |
| 2008 | 22.9% | +1.9% |
| 2009 | 21.9% | -4.4% |
| 2010 | 21.7% | -1.0% |
| 2011 | 23.4% | +7.9% |
| 2012 | 21.7% | -7.0% |
| 2013 | 26.3% | +21.2% |
| 2014 | 25.6% | -2.7% |
| 2015 | 25.8% | +0.6% |
| 2016 | 24.6% | -4.7% |
| 2017 | 24.5% | -0.4% |
| 2018 | 24.6% | +0.7% |
| 2019 | 23.7% | -3.8% |
| 2020 | 24.0% | +1.4% |
| 2021 | 22.5% | -6.5% |
| 2022 | 25.3% | +12.3% |
| 2023 | 25.4% | +0.6% |
| 2024 | 24.5% | -3.6% |
Portugal compared with similar countries
- Portugal's 24.5% is above the median for high income countries, which is 24.5%, 1.0× the median. (55 countries reporting)
- Portugal's 24.5% is above the median for Europe & Central Asia, which is 20.9%, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.4% | 17.1% | 21.5% | 5 |
| 1980s | 20.8% | 16.1% | 25.1% | 10 |
| 1990s | 22.6% | 21.4% | 23.2% | 6 |
| 2000s | 22.0% | 20.2% | 24.5% | 10 |
| 2010s | 24.2% | 21.7% | 26.3% | 10 |
| 2020s | 24.3% | 22.5% | 25.4% | 5 |
Countries ranked near Portugal
More public sector data for Portugal
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in Portugal?
- Taxes on income, profits and capital gains in Portugal was 24.5% 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 Portugal?
- The highest recorded value was 26.3% in 2013.
- What is the lowest taxes on income, profits and capital gains recorded in Portugal?
- The lowest recorded value was 16.1% in 1987.
- How does Portugal rank for taxes on income, profits and capital gains?
- Portugal ranks 73rd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Portugal?
- Over the last ten years it is down 4.4%. The long-run trend across the full record is rising.
- Where does this Portugal 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.