Taxes on income, profits and capital gains in Rwanda
Rwanda: Taxes on income, profits and capital gains was 25.5% in 2023. ▲ Rising
Taxes on income, profits and capital gains in Rwanda, 1990–2023
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 Rwanda is 25.5%, measured in 2023. That is the highest value across all 13 years on record.
That represents a change of up 6.1% on the previous year and up 34.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Rwanda peaked at 25.5% in 2023 and was at its lowest, 9.1%, in 1991.
That places Rwanda 69th out of 153 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Taxes on income, profits and capital gains in Rwanda, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 14.0% | — |
| 1991 | 9.1% | -35.2% |
| 1992 | 11.4% | +25.3% |
| 2014 | 19.0% | +67.3% |
| 2015 | 21.0% | +10.5% |
| 2016 | 22.4% | +6.8% |
| 2017 | 21.7% | -3.2% |
| 2018 | 22.9% | +5.6% |
| 2019 | 24.7% | +7.9% |
| 2020 | 25.0% | +0.9% |
| 2021 | 23.7% | -5.3% |
| 2022 | 24.1% | +1.7% |
| 2023 | 25.5% | +6.1% |
Rwanda compared with similar countries
- Rwanda's 25.5% is above the median for low income countries, which is 22.4%, 1.1× the median. (15 countries reporting)
- Rwanda's 25.5% is above the median for Sub-Saharan Africa, which is 25.5%, 1.0× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains in Rwanda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +67.3% | 11.4% | 19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.5% | 9.1% | 14.0% | 3 |
| 2010s | 22.0% | 19.0% | 24.7% | 6 |
| 2020s | 24.5% | 23.7% | 25.5% | 4 |
Countries ranked near Rwanda
- 66 Cyprus 26.1% compare
- 67 Trinidad and Tobago 26.1% compare
- 68 Bangladesh 25.8% compare
- 70 Switzerland 25.1% compare
- 71 Senegal 24.7% compare
- 72 Saint Vincent and the Grenadines 24.7% compare
More public sector data for Rwanda
- Arms imports 37.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 2.65 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0025 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 117.65 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 37.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 12.34 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0116 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 175.92 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,500 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Rwanda?
- Taxes on income, profits and capital gains in Rwanda was 25.5% 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 Rwanda?
- The highest recorded value was 25.5% in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in Rwanda?
- The lowest recorded value was 9.1% in 1991.
- How does Rwanda rank for taxes on income, profits and capital gains?
- Rwanda ranks 69th out of 153 countries with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in Rwanda?
- Over the last ten years it is up 34.3%. The long-run trend across the full record is rising.
- Where does this Rwanda 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.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.