Equatorial Guinea - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Equatorial Guinea was 495,422,000,000 as of 2019. As the graph below shows, over the past 13 years this indicator reached a maximum value of 865,609,000,000 in 2012 and a minimum value of 265,015,000,000 in 2017.

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.

Year Value
2006 466,887,000,000
2007 424,056,000,000
2008 646,658,000,000
2009 846,149,000,000
2010 544,304,000,000
2011 627,053,000,000
2012 865,609,000,000
2013 827,552,000,000
2014 775,848,000,000
2015 768,795,000,000
2016 312,239,000,000
2017 265,015,000,000
2018 315,533,000,000
2019 495,422,000,000

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

Taxes on income, profits and capital gains (% of revenue) in Equatorial Guinea was 39.99 as of 2019. Its highest value over the past 13 years was 39.99 in 2019, while its lowest value was 18.37 in 2007.

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
2006 22.19
2007 18.37
2008 21.19
2009 35.73
2010 25.31
2011 22.01
2012 27.10
2013 30.52
2014 29.82
2015 37.41
2016 27.88
2017 21.50
2018 21.91
2019 39.99

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

Taxes on income, profits and capital gains (% of total taxes) in Equatorial Guinea was 79.99 as of 2019. Its highest value over the past 13 years was 93.90 in 2008, while its lowest value was 62.54 in 2017.

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
2006 91.56
2007 89.69
2008 93.90
2009 93.43
2010 88.88
2011 88.80
2012 86.62
2013 89.64
2014 86.99
2015 86.08
2016 73.42
2017 62.54
2018 70.31
2019 79.99

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance