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

Taxes on income, profits and capital gains (% of total taxes) in Chile was 46.16 as of 2019. Its highest value over the past 47 years was 51.24 in 2006, while its lowest value was 14.48 in 1987.

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 25.00
1973 23.81
1974 29.94
1975 27.63
1976 19.37
1977 18.47
1978 18.77
1979 24.40
1980 28.14
1981 24.44
1982 27.72
1983 20.26
1984 15.93
1985 16.41
1986 16.34
1987 14.48
1988 17.92
1989 18.24
1990 17.70
1991 24.57
1992 24.09
1993 23.36
1994 23.54
1995 22.68
1996 23.59
1997 22.96
1998 24.05
1999 22.60
2000 28.18
2001 27.19
2002 28.41
2003 29.79
2004 34.61
2005 41.68
2006 51.24
2007 51.23
2008 38.14
2009 36.76
2010 33.59
2011 32.53
2012 35.35
2013 34.50
2014 35.02
2015 35.96
2016 40.43
2017 44.24
2018 44.23
2019 46.16

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