Taxes on income, profits and capital gains in Togo
Togo: Taxes on income, profits and capital gains was 18.0% in 2023. ▼ Falling
Taxes on income, profits and capital gains in Togo, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Togo recorded 18.0% for taxes on income, profits and capital gains in 2023.
That represents a change of down 1.2% on the previous year and up 49.2% over ten years.
Over the whole period, taxes on income, profits and capital gains in Togo peaked at 25.7% in 2004 and was at its lowest, 10.0%, in 2010.
That places Togo 107th out of 153 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Taxes on income, profits and capital gains in Togo, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2004 | 25.7% | — |
| 2005 | 18.9% | -26.5% |
| 2006 | 18.2% | -3.9% |
| 2007 | 19.0% | +4.7% |
| 2008 | 17.1% | -10.4% |
| 2009 | 16.7% | -2.1% |
| 2010 | 10.0% | -40.0% |
| 2011 | 10.3% | +3.0% |
| 2012 | 10.4% | +1.0% |
| 2013 | 12.1% | +15.9% |
| 2014 | 11.9% | -1.5% |
| 2015 | 17.4% | +46.6% |
| 2016 | 12.6% | -27.8% |
| 2017 | 14.1% | +12.3% |
| 2018 | 14.2% | +0.7% |
| 2019 | 16.0% | +12.3% |
| 2020 | 15.8% | -1.1% |
| 2021 | 20.5% | +29.6% |
| 2022 | 18.2% | -11.0% |
| 2023 | 18.0% | -1.2% |
Togo compared with similar countries
- Togo's 18.0% is below the median for lower middle income countries, which is 25.8%, 70% of the median. (35 countries reporting)
- Togo's 18.0% is below the median for Sub-Saharan Africa, which is 25.5%, 71% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.3% | 16.7% | 25.7% | 6 |
| 2010s | 12.9% | 10.0% | 17.4% | 10 |
| 2020s | 18.1% | 15.8% | 20.5% | 4 |
Countries ranked near Togo
More public sector data for Togo
- Arms imports 2.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.2432 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -96.61 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 2.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 23.24 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0184 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -29.31 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 195.35 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.77 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Togo?
- Taxes on income, profits and capital gains in Togo was 18.0% 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 Togo?
- The highest recorded value was 25.7% in 2004.
- What is the lowest taxes on income, profits and capital gains recorded in Togo?
- The lowest recorded value was 10.0% in 2010.
- How does Togo rank for taxes on income, profits and capital gains?
- Togo ranks 107th out of 153 countries with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in Togo?
- Over the last ten years it is up 49.2%. The long-run trend across the full record is falling.
- Where does this Togo 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.