Taxes on income, profits and capital gains in Zimbabwe
Zimbabwe: Taxes on income, profits and capital gains was 33.3% in 2018. ▲ Rising
Taxes on income, profits and capital gains in Zimbabwe, 2009–2018
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Zimbabwe recorded 33.3% for taxes on income, profits and capital gains in 2018.
Compared with earlier readings it is up 2.2% on the previous year and up 52.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Zimbabwe peaked at 34.2% in 2015 and was at its lowest, 21.9%, in 2009.
That places Zimbabwe 38th out of 153 countries with data for 2018, putting it in the top quarter.
Taxes on income, profits and capital gains in Zimbabwe, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2009 | 21.9% | — |
| 2010 | 30.0% | +37.1% |
| 2011 | 30.9% | +3.1% |
| 2012 | 32.1% | +4.0% |
| 2015 | 34.2% | +6.3% |
| 2016 | 32.6% | -4.6% |
| 2017 | 32.6% | -0.0% |
| 2018 | 33.3% | +2.2% |
Zimbabwe compared with similar countries
- Zimbabwe's 33.3% is above the median for lower middle income countries, which is 25.8%, 1.3× the median. (35 countries reporting)
- Zimbabwe's 33.3% is above the median for Sub-Saharan Africa, which is 25.5%, 1.3× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.9% | 21.9% | 21.9% | 1 |
| 2010s | 32.3% | 30.0% | 34.2% | 7 |
Countries ranked near Zimbabwe
More public sector data for Zimbabwe
- Arms imports 20.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 1.22 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2006)
- Arms imports (SIPRI trend indicator values), gaps filled 20.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 5.92 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0024 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -88.7 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 98.39 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 51.7 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Zimbabwe?
- Taxes on income, profits and capital gains in Zimbabwe was 33.3% in 2018, 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 Zimbabwe?
- The highest recorded value was 34.2% in 2015.
- What is the lowest taxes on income, profits and capital gains recorded in Zimbabwe?
- The lowest recorded value was 21.9% in 2009.
- How does Zimbabwe rank for taxes on income, profits and capital gains?
- Zimbabwe ranks 38th out of 153 countries with data for 2018.
- Is taxes on income, profits and capital gains rising or falling in Zimbabwe?
- Over the last ten years it is up 52.3%. The long-run trend across the full record is rising.
- Where does this Zimbabwe 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.