Jamaica - 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 Jamaica was 192,315,000,000 as of 2019. As the graph below shows, over the past 31 years this indicator reached a maximum value of 192,315,000,000 in 2019 and a minimum value of 2,160,973,000 in 1988.
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 |
|---|---|
| 1988 | 2,160,973,000 |
| 1989 | 2,799,330,000 |
| 1990 | 3,943,629,000 |
| 1991 | 5,274,935,000 |
| 1992 | 8,551,228,000 |
| 1993 | 11,948,610,000 |
| 1994 | 16,917,350,000 |
| 1995 | 20,935,170,000 |
| 1996 | 24,299,640,000 |
| 1997 | 26,416,550,000 |
| 1998 | 29,208,750,000 |
| 1999 | 32,931,430,000 |
| 2000 | 39,277,470,000 |
| 2001 | 39,750,780,000 |
| 2002 | 45,438,910,000 |
| 2003 | 59,977,140,000 |
| 2004 | 69,515,140,000 |
| 2005 | 73,849,680,000 |
| 2006 | 85,530,350,000 |
| 2007 | 102,887,000,000 |
| 2008 | 119,169,000,000 |
| 2009 | 130,581,000,000 |
| 2010 | 118,215,000,000 |
| 2011 | 121,419,000,000 |
| 2012 | 130,916,000,000 |
| 2013 | 130,752,000,000 |
| 2014 | 140,478,000,000 |
| 2015 | 152,004,000,000 |
| 2016 | 159,690,000,000 |
| 2017 | 157,742,000,000 |
| 2018 | 172,687,000,000 |
| 2019 | 192,315,000,000 |
Taxes on income, profits and capital gains (% of revenue)
Taxes on income, profits and capital gains (% of revenue) in Jamaica was 29.60 as of 2019. Its highest value over the past 31 years was 43.50 in 2009, while its lowest value was 27.45 in 2018.
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 |
|---|---|
| 1988 | 35.20 |
| 1989 | 33.25 |
| 1990 | 40.87 |
| 1991 | 34.99 |
| 1992 | 36.30 |
| 1993 | 35.55 |
| 1994 | 37.94 |
| 1995 | 35.74 |
| 1996 | 38.52 |
| 1997 | 39.77 |
| 1998 | 39.42 |
| 1999 | 36.26 |
| 2000 | 38.88 |
| 2001 | 38.75 |
| 2002 | 38.78 |
| 2003 | 40.01 |
| 2004 | 40.52 |
| 2005 | 39.56 |
| 2006 | 40.47 |
| 2007 | 40.81 |
| 2008 | 43.15 |
| 2009 | 43.50 |
| 2010 | 37.40 |
| 2011 | 37.69 |
| 2012 | 37.98 |
| 2013 | 32.94 |
| 2014 | 34.12 |
| 2015 | 33.35 |
| 2016 | 31.95 |
| 2017 | 28.13 |
| 2018 | 27.45 |
| 2019 | 29.60 |
Taxes on income, profits and capital gains (% of total taxes)
Taxes on income, profits and capital gains (% of total taxes) in Jamaica was 33.19 as of 2019. Its highest value over the past 31 years was 50.90 in 1990, while its lowest value was 31.75 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 |
|---|---|
| 1988 | 43.80 |
| 1989 | 45.16 |
| 1990 | 50.90 |
| 1991 | 45.93 |
| 1992 | 44.89 |
| 1993 | 41.28 |
| 1994 | 44.44 |
| 1995 | 41.65 |
| 1996 | 44.03 |
| 1997 | 44.60 |
| 1998 | 43.61 |
| 1999 | 43.35 |
| 2000 | 45.11 |
| 2001 | 43.89 |
| 2002 | 44.18 |
| 2003 | 45.76 |
| 2004 | 46.20 |
| 2005 | 45.42 |
| 2006 | 45.41 |
| 2007 | 46.87 |
| 2008 | 48.40 |
| 2009 | 49.12 |
| 2010 | 42.24 |
| 2011 | 41.89 |
| 2012 | 40.94 |
| 2013 | 38.03 |
| 2014 | 37.88 |
| 2015 | 36.91 |
| 2016 | 34.84 |
| 2017 | 31.75 |
| 2018 | 31.81 |
| 2019 | 33.19 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
