Taxes on income, profits, and capital gains, Ratio of this level of in Australia
Australia: Taxes on income, profits, and capital gains, Ratio of this level of was 1 in 2020. ▬ Flat
Taxes on income, profits, and capital gains, Ratio of this level of in Australia, 1972–2020
Source: International Monetary Fund.
Analysis
The most recent figure for taxes on income, profits, and capital gains, ratio of this level of in Australia is 1, measured in 2020. That is the highest value across all 40 years on record.
That represents a change of unchanged over ten years.
Over the whole period, taxes on income, profits, and capital gains, ratio of this level of in Australia peaked at 1 in 1972 and was at its lowest, 1, in 1972.
Australia ranks 2nd of 80 countries on this measure, in the top 10%.
Taxes on income, profits, and capital gains, Ratio of this level of in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1972 | 1 | — |
| 1973 | 1 | +0.0% |
| 1974 | 1 | +0.0% |
| 1975 | 1 | +0.0% |
| 1976 | 1 | +0.0% |
| 1977 | 1 | +0.0% |
| 1978 | 1 | +0.0% |
| 1979 | 1 | +0.0% |
| 1980 | 1 | +0.0% |
| 1981 | 1 | +0.0% |
| 1982 | 1 | +0.0% |
| 1983 | 1 | +0.0% |
| 1984 | 1 | +0.0% |
| 1985 | 1 | +0.0% |
| 1986 | 1 | +0.0% |
| 1987 | 1 | +0.0% |
| 1988 | 1 | +0.0% |
| 1989 | 1 | +0.0% |
| 1999 | 1 | +0.0% |
| 2000 | 1 | +0.0% |
| 2001 | 1 | +0.0% |
| 2002 | 1 | +0.0% |
| 2003 | 1 | +0.0% |
| 2004 | 1 | +0.0% |
| 2005 | 1 | +0.0% |
| 2006 | 1 | +0.0% |
| 2007 | 1 | +0.0% |
| 2008 | 1 | +0.0% |
| 2009 | 1 | +0.0% |
| 2010 | 1 | +0.0% |
| 2011 | 1 | +0.0% |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
Australia compared with similar countries
- Australia's 1 is above the median for high income countries, which is 0.8985, 1.1× the median. (42 countries reporting)
- Australia's 1 is above the median for East Asia & Pacific, which is 1, 1.0× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1 | 1 | 1 | 8 |
| 1980s | 1 | 1 | 1 | 10 |
| 1990s | 1 | 1 | 1 | 1 |
| 2000s | 1 | 1 | 1 | 10 |
| 2010s | 1 | 1 | 1 | 10 |
| 2020s | 1 | 1 | 1 | 1 |
Countries ranked near Australia
- 1 Turkey 1.01 compare
- 2 Armenia 1 compare
- 2 Brazil 1 compare
- 2 Chile 1 compare
- 2 Cape Verde 1 compare
- 2 Costa Rica 1 compare
- 2 Cyprus 1 compare
- 2 Estonia 1 compare
- 2 United Kingdom 1 compare
- 2 Georgia 1 compare
- 2 Guatemala 1 compare
- 2 Honduras 1 compare
- 2 Indonesia 1 compare
- 2 Ireland 1 compare
- 2 Iran 1 compare
- 2 Israel 1 compare
- 2 Lithuania 1 compare
- 2 Marshall Islands 1 compare
- 2 Malta 1 compare
- 2 Myanmar 1 compare
- 2 Mauritius 1 compare
- 2 Netherlands 1 compare
- 2 Peru 1 compare
- 2 Palau 1 compare
- 2 Paraguay 1 compare
- 2 Senegal 1 compare
- 2 El Salvador 1 compare
- 2 Thailand 1 compare
- 2 Uganda 1 compare
- 2 South Africa 1 compare
More public sector data for Australia
- 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 7 (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, ratio of this level of in Australia?
- Taxes on income, profits, and capital gains, ratio of this level of in Australia was 1 in 2020, according to International Monetary Fund.
- What is the highest taxes on income, profits, and capital gains, ratio of this level of recorded in Australia?
- The highest recorded value was 1 in 1972.
- What is the lowest taxes on income, profits, and capital gains, ratio of this level of recorded in Australia?
- The lowest recorded value was 1 in 1972.
- How does Australia rank for taxes on income, profits, and capital gains, ratio of this level of?
- Australia ranks 2nd out of 80 countries with data for 2020.
- Is taxes on income, profits, and capital gains, ratio of this level of rising or falling in Australia?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Taxes on income, profits, and capital gains, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.