Taxes on income, profits and capital gains in El Salvador
El Salvador: Taxes on income, profits and capital gains was 40.2% in 2024. ▲ Rising
Taxes on income, profits and capital gains in El Salvador, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
El Salvador recorded 40.2% for taxes on income, profits and capital gains in 2024.
Compared with earlier readings it is down 0.5% on the previous year and up 13.4% over ten years.
Over the whole period, taxes on income, profits and capital gains in El Salvador peaked at 40.6% in 2020 and was at its lowest, 22.5%, in 2001.
El Salvador ranks 62nd of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Taxes on income, profits and capital gains in El Salvador, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1998 | 27.8% | — |
| 1999 | 30.4% | +9.4% |
| 2000 | 29.5% | -2.9% |
| 2001 | 22.5% | -23.8% |
| 2002 | 30.8% | +37.0% |
| 2003 | 29.7% | -3.6% |
| 2004 | 30.2% | +1.9% |
| 2005 | 31.1% | +2.8% |
| 2006 | 32.5% | +4.7% |
| 2007 | 33.9% | +4.1% |
| 2008 | 34.2% | +1.0% |
| 2009 | 37.8% | +10.6% |
| 2010 | 35.8% | -5.4% |
| 2011 | 38.2% | +6.7% |
| 2012 | 32.7% | -14.3% |
| 2013 | 35.1% | +7.3% |
| 2014 | 35.5% | +1.0% |
| 2015 | 35.3% | -0.6% |
| 2016 | 39.3% | +11.4% |
| 2017 | 38.8% | -1.1% |
| 2018 | 38.3% | -1.4% |
| 2019 | 38.7% | +1.0% |
| 2020 | 40.6% | +5.0% |
| 2021 | 38.2% | -5.9% |
| 2022 | 40.6% | +6.2% |
| 2023 | 40.4% | -0.5% |
| 2024 | 40.2% | -0.5% |
El Salvador compared with similar countries
- El Salvador's 40.2% is above the median for upper middle income countries, which is 37.1%, 1.1× the median. (48 countries reporting)
- El Salvador's 40.2% is above the median for Latin America & Caribbean, which is 36.0%, 1.1× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains in El Salvador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +37.0% | 22.5% | 30.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.1% | 27.8% | 30.4% | 2 |
| 2000s | 31.2% | 22.5% | 37.8% | 10 |
| 2010s | 36.8% | 32.7% | 39.3% | 10 |
| 2020s | 40.0% | 38.2% | 40.6% | 5 |
Countries ranked near El Salvador
- 59 Botswana 40.7% compare
- 60 Mali 40.7% compare
- 61 Philippines 40.3% compare
- 63 Marshall Islands 39.9% compare
- 64 Thailand 39.9% compare
- 65 Azerbaijan 39.4% compare
More public sector data for El Salvador
- 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 El Salvador?
- Taxes on income, profits and capital gains in El Salvador was 40.2% 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 El Salvador?
- The highest recorded value was 40.6% in 2020.
- What is the lowest taxes on income, profits and capital gains recorded in El Salvador?
- The lowest recorded value was 22.5% in 2001.
- How does El Salvador rank for taxes on income, profits and capital gains?
- El Salvador ranks 62nd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in El Salvador?
- Over the last ten years it is up 13.4%. The long-run trend across the full record is rising.
- Where does this El Salvador 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 total taxes). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.