Taxes on income, profits and capital gains in Spain
Spain: Taxes on income, profits and capital gains was 22.0% in 2024. ▬ Flat
Taxes on income, profits and capital gains in Spain, 1972–2024
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 Spain is 22.0%, measured in 2024.
Compared with earlier readings it is down 1.7% on the previous year and up 8.1% over ten years.
Over the whole period, taxes on income, profits and capital gains in Spain peaked at 31.8% in 1989 and was at its lowest, 15.8%, in 1972.
That places Spain 84th out of 153 countries with data for 2024, putting it in the middle of the range.
Taxes on income, profits and capital gains in Spain, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 15.8% | — |
| 1973 | 16.4% | +3.5% |
| 1974 | 17.4% | +5.8% |
| 1975 | 18.1% | +4.5% |
| 1976 | 20.1% | +10.8% |
| 1977 | 18.8% | -6.2% |
| 1978 | 20.9% | +10.7% |
| 1979 | 21.9% | +5.1% |
| 1980 | 23.1% | +5.5% |
| 1981 | 22.9% | -0.8% |
| 1982 | 19.3% | -15.8% |
| 1983 | 21.7% | +12.6% |
| 1984 | 22.6% | +3.7% |
| 1985 | 24.3% | +7.9% |
| 1986 | 22.4% | -8.0% |
| 1987 | 27.9% | +24.9% |
| 1988 | 28.0% | +0.3% |
| 1989 | 31.8% | +13.5% |
| 1990 | 31.7% | -0.5% |
| 1991 | 31.8% | +0.3% |
| 1992 | 31.2% | -1.9% |
| 1993 | 30.0% | -3.8% |
| 1994 | 29.3% | -2.3% |
| 1995 | 23.3% | -20.4% |
| 1996 | 23.6% | +1.3% |
| 1997 | 22.7% | -4.0% |
| 1998 | 22.6% | -0.5% |
| 1999 | 21.8% | -3.5% |
| 2000 | 22.3% | +2.3% |
| 2001 | 22.2% | -0.4% |
| 2002 | 24.5% | +10.1% |
| 2003 | 23.6% | -3.6% |
| 2004 | 23.8% | +1.1% |
| 2005 | 25.6% | +7.2% |
| 2006 | 26.8% | +4.8% |
| 2007 | 29.2% | +8.9% |
| 2008 | 24.4% | -16.3% |
| 2009 | 20.9% | -14.3% |
| 2010 | 20.8% | -0.6% |
| 2011 | 18.7% | -10.2% |
| 2012 | 16.1% | -13.8% |
| 2013 | 19.9% | +23.5% |
| 2014 | 20.3% | +2.3% |
| 2015 | 20.0% | -1.7% |
| 2016 | 19.7% | -1.5% |
| 2017 | 19.7% | +0.2% |
| 2018 | 20.7% | +4.7% |
| 2019 | 19.3% | -6.4% |
| 2020 | 17.9% | -7.4% |
| 2021 | 20.4% | +13.9% |
| 2022 | 22.5% | +10.3% |
| 2023 | 22.4% | -0.7% |
| 2024 | 22.0% | -1.7% |
Spain compared with similar countries
- Spain's 22.0% is below the median for high income countries, which is 24.5%, 90% of the median. (55 countries reporting)
- Spain's 22.0% is above the median for Europe & Central Asia, which is 20.9%, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.7% | 15.8% | 21.9% | 8 |
| 1980s | 24.4% | 19.3% | 31.8% | 10 |
| 1990s | 26.8% | 21.8% | 31.8% | 10 |
| 2000s | 24.3% | 20.9% | 29.2% | 10 |
| 2010s | 19.5% | 16.1% | 20.8% | 10 |
| 2020s | 21.0% | 17.9% | 22.5% | 5 |
Countries ranked near Spain
- 81 Saint Lucia 22.7% compare
- 82 Burkina Faso 22.4% compare
- 83 Estonia 22.3% compare
- 85 Czechia 21.9% compare
- 86 San Marino 21.8% compare
- 87 Cameroon 21.8% compare
More public sector data for Spain
- Arms imports 148.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.03 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 -16.85 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 148.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 503.91 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0143 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.33 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 24.62 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 356.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Spain?
- Taxes on income, profits and capital gains in Spain was 22.0% 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 Spain?
- The highest recorded value was 31.8% in 1989.
- What is the lowest taxes on income, profits and capital gains recorded in Spain?
- The lowest recorded value was 15.8% in 1972.
- How does Spain rank for taxes on income, profits and capital gains?
- Spain ranks 84th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Spain?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is flat.
- Where does this Spain 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.