Taxes on income, profits and capital gains in Sub-Saharan Africa
Sub-Saharan Africa: Taxes on income, profits and capital gains was 27.8% in 2023. ▲ Rising
Taxes on income, profits and capital gains in Sub-Saharan Africa, 2009–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2023, taxes on income, profits and capital gains in Sub-Saharan Africa stood at 27.8%.
Compared with earlier readings it is down 1.6% on the previous year and up 17.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Sub-Saharan Africa peaked at 28.3% in 2022 and was at its lowest, 21.2%, in 2010.
That places Sub-Saharan Africa 14th out of 41 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Taxes on income, profits and capital gains in Sub-Saharan Africa, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2009 | 22.0% | — |
| 2010 | 21.2% | -3.8% |
| 2011 | 22.7% | +7.1% |
| 2012 | 22.7% | +0.1% |
| 2013 | 23.7% | +4.4% |
| 2014 | 24.9% | +5.2% |
| 2015 | 26.7% | +7.1% |
| 2016 | 26.5% | -0.7% |
| 2017 | 24.4% | -8.1% |
| 2018 | 25.9% | +6.2% |
| 2019 | 25.9% | +0.0% |
| 2020 | 25.6% | -1.0% |
| 2021 | 24.9% | -2.9% |
| 2022 | 28.3% | +13.5% |
| 2023 | 27.8% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.0% | 22.0% | 22.0% | 1 |
| 2010s | 24.5% | 21.2% | 26.7% | 10 |
| 2020s | 26.6% | 24.9% | 28.3% | 4 |
Countries ranked near Sub-Saharan Africa
More public sector data for Sub-Saharan Africa
- Arms imports 731.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.5807 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 25.82 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 731.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 16.8 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0109 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -6.41 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 21.67 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 30.58 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Sub-Saharan Africa?
- Taxes on income, profits and capital gains in Sub-Saharan Africa was 27.8% 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 Sub-Saharan Africa?
- The highest recorded value was 28.3% in 2022.
- What is the lowest taxes on income, profits and capital gains recorded in Sub-Saharan Africa?
- The lowest recorded value was 21.2% in 2010.
- How does Sub-Saharan Africa rank for taxes on income, profits and capital gains?
- Sub-Saharan Africa ranks 14th out of 41 groups with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in Sub-Saharan Africa?
- Over the last ten years it is up 17.3%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa 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.