Guatemala - 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 Guatemala was 21,712,710,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 21,712,710,000 in 2019 and a minimum value of 507,000,000 in 1990.

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
1990 507,000,000
1991 1,040,840,000
1992 999,040,000
1993 1,182,380,000
1994 846,190,000
1995 1,365,140,000
1996 2,003,700,000
1997 2,299,510,000
1998 2,392,170,000
1999 2,896,470,000
2000 3,688,700,000
2001 4,139,840,000
2002 5,413,840,000
2003 5,601,140,000
2004 5,739,560,000
2005 6,438,810,000
2006 7,646,800,000
2007 8,653,900,000
2008 9,698,400,000
2009 9,705,801,000
2010 10,319,230,000
2011 12,696,320,000
2012 13,443,670,000
2013 16,041,330,000
2014 17,632,670,000
2015 17,391,750,000
2016 19,327,590,000
2017 20,483,040,000
2018 20,764,530,000
2019 21,712,710,000

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

Taxes on income, profits and capital gains (% of revenue) in Guatemala was 32.70 as of 2019. Its highest value over the past 29 years was 34.27 in 2017, while its lowest value was 14.70 in 1994.

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
1990 18.18
1991 24.35
1992 17.46
1993 20.55
1994 14.70
1995 19.06
1996 23.58
1997 23.75
1998 20.08
1999 20.46
2000 23.72
2001 22.76
2002 26.13
2003 25.82
2004 24.54
2005 26.00
2006 26.28
2007 25.82
2008 27.36
2009 28.57
2010 27.67
2011 29.62
2012 29.43
2013 32.74
2014 33.86
2015 32.91
2016 33.62
2017 34.27
2018 33.38
2019 32.70

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

Taxes on income, profits and capital gains (% of total taxes) in Guatemala was 35.03 as of 2019. Its highest value over the past 29 years was 36.94 in 2016, while its lowest value was 16.75 in 1994.

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
1990 21.52
1991 30.04
1992 22.26
1993 23.54
1994 16.75
1995 20.78
1996 24.60
1997 24.51
1998 20.58
1999 20.89
2000 24.47
2001 25.93
2002 28.04
2003 27.57
2004 26.09
2005 27.66
2006 28.06
2007 27.41
2008 29.08
2009 30.49
2010 29.69
2011 31.58
2012 31.43
2013 34.70
2014 36.57
2015 35.27
2016 36.94
2017 36.58
2018 35.66
2019 35.03

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance