Taxes on income, profits and capital gains in Peru
Peru: Taxes on income, profits and capital gains was 39.2% in 2021. ▲ Rising
Taxes on income, profits and capital gains in Peru, 1972–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
In 2021, taxes on income, profits and capital gains in Peru stood at 39.2%.
That represents a change of down 4.3% on the previous year and down 11.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in Peru peaked at 44.5% in 2011 and was at its lowest, 6.3%, in 1990.
That places Peru 67th out of 153 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Taxes on income, profits and capital gains in Peru, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1972 | 17.8% | — |
| 1973 | 28.3% | +59.0% |
| 1974 | 32.2% | +14.0% |
| 1975 | 26.6% | -17.5% |
| 1976 | 18.8% | -29.2% |
| 1977 | 16.8% | -10.8% |
| 1978 | 13.5% | -19.4% |
| 1979 | 20.2% | +49.4% |
| 1980 | 28.1% | +38.9% |
| 1981 | 17.2% | -38.6% |
| 1982 | 16.5% | -4.2% |
| 1983 | 13.0% | -21.0% |
| 1984 | 11.8% | -9.8% |
| 1985 | 10.6% | -10.2% |
| 1986 | 23.9% | +126.1% |
| 1987 | 21.2% | -11.2% |
| 1988 | 23.1% | +8.8% |
| 1989 | 17.5% | -23.9% |
| 1990 | 6.3% | -64.0% |
| 1991 | 8.5% | +34.0% |
| 1992 | 13.9% | +64.1% |
| 1993 | 16.7% | +20.0% |
| 1994 | 19.7% | +18.4% |
| 1995 | 19.0% | -3.6% |
| 1996 | 24.0% | +25.9% |
| 1997 | 24.1% | +0.5% |
| 1998 | 25.2% | +4.4% |
| 1999 | 27.4% | +8.8% |
| 2000 | 27.0% | -1.5% |
| 2001 | 27.4% | +1.6% |
| 2002 | 26.7% | -2.7% |
| 2003 | 30.6% | +15.0% |
| 2004 | 30.3% | -1.2% |
| 2005 | 31.6% | +4.5% |
| 2006 | 40.5% | +28.0% |
| 2007 | 43.6% | +7.6% |
| 2008 | 41.5% | -4.8% |
| 2009 | 38.7% | -6.7% |
| 2010 | 40.0% | +3.5% |
| 2011 | 44.5% | +11.2% |
| 2012 | 44.3% | -0.4% |
| 2013 | 40.9% | -7.8% |
| 2014 | 42.1% | +3.1% |
| 2015 | 38.5% | -8.5% |
| 2016 | 41.7% | +8.2% |
| 2017 | 40.6% | -2.7% |
| 2018 | 39.8% | -1.9% |
| 2019 | 39.8% | -0.1% |
| 2020 | 41.0% | +3.1% |
| 2021 | 39.2% | -4.3% |
Peru compared with similar countries
- Peru's 39.2% is above the median for upper middle income countries, which is 37.1%, 1.1× the median. (48 countries reporting)
- Peru's 39.2% 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 Peru 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 |
|---|---|---|---|
| 1986 | +126.1% | 10.6% | 23.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.8% | 13.5% | 32.2% | 8 |
| 1980s | 18.3% | 10.6% | 28.1% | 10 |
| 1990s | 18.5% | 6.3% | 27.4% | 10 |
| 2000s | 33.8% | 26.7% | 43.6% | 10 |
| 2010s | 41.2% | 38.5% | 44.5% | 10 |
| 2020s | 40.1% | 39.2% | 41.0% | 2 |
Countries ranked near Peru
More public sector data for Peru
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.1169 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -81.82 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 74.97 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0088 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -22.47 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 17.19 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Peru?
- Taxes on income, profits and capital gains in Peru was 39.2% in 2021, 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 Peru?
- The highest recorded value was 44.5% in 2011.
- What is the lowest taxes on income, profits and capital gains recorded in Peru?
- The lowest recorded value was 6.3% in 1990.
- How does Peru rank for taxes on income, profits and capital gains?
- Peru ranks 67th out of 153 countries with data for 2021.
- Is taxes on income, profits and capital gains rising or falling in Peru?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is rising.
- Where does this Peru 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 — 50 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.