Taxes on income, profits and capital gains in Tanzania
Tanzania: Taxes on income, profits and capital gains was 29.0% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Tanzania, 2009–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Tanzania recorded 29.0% for taxes on income, profits and capital gains in 2024.
Compared with earlier readings it is up 0.7% on the previous year and down 9.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Tanzania peaked at 32.5% in 2016 and was at its lowest, 18.5%, in 2009.
That places Tanzania 54th 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 16 years of available data.
Taxes on income, profits and capital gains in Tanzania, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2009 | 18.5% | — |
| 2010 | 18.5% | +0.0% |
| 2011 | 20.6% | +11.2% |
| 2012 | 24.3% | +17.8% |
| 2013 | 25.8% | +6.4% |
| 2014 | 31.9% | +23.7% |
| 2015 | 27.2% | -14.9% |
| 2016 | 32.5% | +19.6% |
| 2017 | 27.5% | -15.3% |
| 2018 | 26.3% | -4.3% |
| 2019 | 25.9% | -1.7% |
| 2020 | 30.8% | +19.0% |
| 2021 | 28.4% | -8.0% |
| 2022 | 30.0% | +5.8% |
| 2023 | 28.8% | -4.1% |
| 2024 | 29.0% | +0.7% |
Tanzania compared with similar countries
- Tanzania's 29.0% is above the median for lower middle income countries, which is 25.8%, 1.1× the median. (35 countries reporting)
- Tanzania's 29.0% is above the median for Sub-Saharan Africa, which is 25.5%, 1.1× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.5% | 18.5% | 18.5% | 1 |
| 2010s | 26.1% | 18.5% | 32.5% | 10 |
| 2020s | 29.4% | 28.4% | 30.8% | 5 |
Countries ranked near Tanzania
More public sector data for Tanzania
- 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 3 (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 Tanzania?
- Taxes on income, profits and capital gains in Tanzania was 29.0% 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 Tanzania?
- The highest recorded value was 32.5% in 2016.
- What is the lowest taxes on income, profits and capital gains recorded in Tanzania?
- The lowest recorded value was 18.5% in 2009.
- How does Tanzania rank for taxes on income, profits and capital gains?
- Tanzania ranks 54th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Tanzania?
- Over the last ten years it is down 9.3%. The long-run trend across the full record is rising.
- Where does this Tanzania 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.