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

Taxes on income, profits and capital gains (% of revenue) in Ireland was 42.12 as of 2019. Its highest value over the past 47 years was 42.12 in 2019, while its lowest value was 28.06 in 1972.

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 28.06
1973 28.98
1974 29.08
1975 29.69
1976 30.14
1977 31.14
1978 31.65
1979 32.15
1980 32.79
1981 32.91
1982 30.64
1983 29.31
1984 30.79
1985 30.74
1986 33.61
1987 34.97
1988 37.28
1989 34.38
1990 35.39
1991 35.85
1992 36.52
1993 37.72
1994 39.14
1995 36.61
1996 37.87
1997 38.71
1998 39.13
1999 40.66
2000 40.68
2001 40.01
2002 39.48
2003 40.26
2004 40.27
2005 38.63
2006 39.39
2007 38.74
2008 37.07
2009 36.51
2010 35.93
2011 35.52
2012 36.86
2013 36.30
2014 36.26
2015 38.92
2016 39.34
2017 40.02
2018 41.69
2019 42.12

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