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

Taxes on income, profits and capital gains (% of revenue) in Costa Rica was 17.15 as of 2019. Its highest value over the past 47 years was 18.52 in 1973, while its lowest value was 8.45 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 17.46
1973 18.52
1974 15.92
1975 14.52
1976 16.16
1977 17.08
1978 15.83
1979 14.87
1980 13.69
1981 14.62
1982 17.32
1983 16.90
1984 13.22
1985 12.66
1986 10.85
1987 9.43
1988 9.17
1989 9.23
1990 9.79
1991 8.95
1992 8.45
1993 9.69
1994 10.67
1995 11.04
1996 10.73
1997 10.81
1998 11.98
1999 14.61
2000 12.92
2001 13.55
2002 13.55
2003 14.76
2004 14.73
2005 14.78
2006 14.33
2007 15.83
2008 17.38
2009 16.58
2010 16.50
2011 15.54
2012 15.07
2013 15.62
2014 15.63
2015 15.51
2016 15.75
2017 17.42
2018 16.49
2019 17.15

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.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance