Namibia - 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 Namibia was 22,900,960,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 22,900,960,000 in 2019 and a minimum value of 597,800,000 in 1991.

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 655,200,000
1991 597,800,000
1992 804,700,000
1993 930,300,000
1994 1,030,600,000
1995 1,088,800,000
1996 1,353,900,000
1997 1,979,100,000
1998 2,031,300,000
1999 2,315,400,000
2000 2,610,224,000
2001 3,285,602,000
2002 4,442,342,000
2003 3,618,467,000
2004 4,024,239,000
2005 4,575,653,000
2006 5,676,000,000
2007 6,729,659,000
2008 8,069,670,000
2009 8,136,635,000
2010 9,912,237,000
2011 11,597,150,000
2012 14,536,730,000
2013 14,027,430,000
2014 17,779,830,000
2015 19,004,430,000
2016 20,606,830,000
2017 21,947,330,000
2018 21,855,150,000
2019 22,900,960,000

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

Taxes on income, profits and capital gains (% of revenue) in Namibia was 36.34 as of 2019. Its highest value over the past 29 years was 42.44 in 2002, while its lowest value was 22.66 in 1991.

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 32.64
1991 22.66
1992 27.47
1993 30.06
1994 28.24
1995 26.73
1996 29.04
1997 35.06
1998 33.13
1999 31.92
2000 31.79
2001 36.96
2002 42.44
2003 37.15
2004 35.51
2005 34.99
2006 32.29
2007 32.56
2008 34.45
2009 33.89
2010 42.41
2011 38.76
2012 38.26
2013 33.12
2014 35.59
2015 36.40
2016 40.40
2017 36.38
2018 36.37
2019 36.34

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

Taxes on income, profits and capital gains (% of total taxes) in Namibia was 41.63 as of 2019. Its highest value over the past 29 years was 48.28 in 2002, while its lowest value was 26.80 in 1991.

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 39.45
1991 26.80
1992 32.77
1993 33.51
1994 32.86
1995 30.16
1996 32.91
1997 38.76
1998 36.92
1999 35.09
2000 34.96
2001 40.78
2002 48.28
2003 41.86
2004 38.83
2005 38.47
2006 36.06
2007 35.35
2008 38.25
2009 36.74
2010 46.31
2011 42.93
2012 41.31
2013 36.22
2014 38.08
2015 38.94
2016 43.42
2017 40.36
2018 41.36
2019 41.63

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance