High income - Taxes on income

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in High income was 23.34 as of 2019. Its highest value over the past 47 years was 28.47 in 1992, while its lowest value was 21.41 in 1975.

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 25.51
1973 24.25
1974 24.27
1975 21.41
1976 25.15
1977 24.30
1978 23.49
1979 23.71
1980 25.17
1981 22.94
1982 23.87
1983 23.34
1984 23.00
1985 24.49
1986 22.37
1987 26.68
1988 27.17
1989 25.81
1990 23.50
1991 26.47
1992 28.47
1993 23.99
1994 21.88
1995 24.33
1996 23.33
1997 22.73
1998 23.03
1999 23.79
2000 25.22
2001 25.12
2002 23.77
2003 24.23
2004 24.12
2005 26.09
2006 25.72
2007 27.18
2008 27.29
2009 25.70
2010 24.01
2011 24.43
2012 23.49
2013 24.04
2014 24.20
2015 23.21
2016 23.56
2017 23.25
2018 24.16
2019 23.34

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance