Taxes on income, profits and capital gains in Saint Lucia
Saint Lucia: Taxes on income, profits and capital gains was 22.7% in 2017. ▬ Flat
Taxes on income, profits and capital gains in Saint Lucia, 2000–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Saint Lucia recorded 22.7% for taxes on income, profits and capital gains in 2017.
That represents a change of down 6.5% on the previous year and down 8.4% over ten years.
Over the whole period, taxes on income, profits and capital gains in Saint Lucia peaked at 29.1% in 2001 and was at its lowest, 21.4%, in 2004.
That places Saint Lucia 81st out of 153 countries with data for 2017, putting it in the middle of the range.
Taxes on income, profits and capital gains in Saint Lucia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2000 | 27.1% | — |
| 2001 | 29.1% | +7.2% |
| 2002 | 22.5% | -22.5% |
| 2003 | 21.5% | -4.5% |
| 2004 | 21.4% | -0.6% |
| 2005 | 24.0% | +12.3% |
| 2006 | 22.8% | -5.1% |
| 2007 | 24.8% | +8.7% |
| 2008 | 28.1% | +13.6% |
| 2009 | 28.4% | +0.9% |
| 2010 | 26.6% | -6.5% |
| 2011 | 28.8% | +8.4% |
| 2012 | 27.1% | -5.8% |
| 2013 | 25.3% | -6.9% |
| 2014 | 22.8% | -9.9% |
| 2015 | 22.7% | -0.3% |
| 2016 | 24.3% | +6.9% |
| 2017 | 22.7% | -6.5% |
Saint Lucia compared with similar countries
- Saint Lucia's 22.7% is below the median for upper middle income countries, which is 22.7%, 100% of the median. (48 countries reporting)
- Saint Lucia's 22.7% is below the median for Latin America & Caribbean, which is 25.4%, 89% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.0% | 21.4% | 29.1% | 10 |
| 2010s | 25.0% | 22.7% | 28.8% | 8 |
Countries ranked near Saint Lucia
- 78 Niger 23.8%
- 79 Solomon Islands 22.7% compare
- 80 Cape Verde 22.7% compare
- 82 Burkina Faso 22.4% compare
- 83 Estonia 22.3% compare
- 84 Spain 22.0% compare
More public sector data for Saint Lucia
- Tax revenue 18.2% (2017)
- Capital stock, General government, Current prices, Domestic currency 4.54 (2019)
- Capital stock, General government, Constant prices, Percent of GDP 79.09 (2019)
- Capital stock, General government, Constant prices, Purchasing power 1.79 (2019)
- Taxes on goods and services 34.8% (2017)
- Net investment in nonfinancial assets 4.0% (2017)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) -0.9% (2017)
- Capital stock, General government, Current prices, Domestic currency 0.0074 units per square kilometre (2019)
Frequently asked questions
- What is taxes on income, profits and capital gains in Saint Lucia?
- Taxes on income, profits and capital gains in Saint Lucia was 22.7% in 2017, 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 Saint Lucia?
- The highest recorded value was 29.1% in 2001.
- What is the lowest taxes on income, profits and capital gains recorded in Saint Lucia?
- The lowest recorded value was 21.4% in 2004.
- How does Saint Lucia rank for taxes on income, profits and capital gains?
- Saint Lucia ranks 81st out of 153 countries with data for 2017.
- Is taxes on income, profits and capital gains rising or falling in Saint Lucia?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is flat.
- Where does this Saint Lucia 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 — 18 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.