Costa Rica - Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Costa Rica was 32.84 as of 2019. Its highest value over the past 47 years was 32.84 in 2019, while its lowest value was 13.79 in 1992.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 23.40
1973 23.62
1974 21.67
1975 21.05
1976 23.41
1977 23.15
1978 23.82
1979 22.87
1980 21.00
1981 21.07
1982 23.91
1983 24.14
1984 20.05
1985 19.76
1986 18.11
1987 16.09
1988 15.64
1989 16.45
1990 17.31
1991 15.59
1992 13.79
1993 16.43
1994 18.24
1995 18.52
1996 17.61
1997 17.91
1998 19.63
1999 24.67
2000 22.40
2001 23.23
2002 23.28
2003 24.92
2004 24.62
2005 24.78
2006 24.52
2007 25.76
2008 27.91
2009 29.58
2010 29.17
2011 27.46
2012 26.95
2013 27.49
2014 27.68
2015 28.41
2016 29.14
2017 30.68
2018 32.01
2019 32.84

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance