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

Taxes on income, profits and capital gains (% of revenue) in OECD members was 25.73 as of 2019. Its highest value over the past 47 years was 30.58 in 1990, while its lowest value was 21.79 in 1975.

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 27.56
1973 25.78
1974 26.90
1975 21.79
1976 25.58
1977 25.52
1978 26.32
1979 25.60
1980 27.62
1981 27.99
1982 25.52
1983 23.36
1984 23.35
1985 25.07
1986 25.25
1987 27.94
1988 30.15
1989 29.47
1990 30.58
1991 30.34
1992 30.33
1993 27.13
1994 24.46
1995 25.52
1996 24.77
1997 23.32
1998 24.21
1999 23.79
2000 25.15
2001 25.03
2002 23.28
2003 23.63
2004 24.12
2005 26.09
2006 25.72
2007 26.93
2008 25.02
2009 22.96
2010 22.26
2011 23.69
2012 22.37
2013 23.43
2014 24.59
2015 25.12
2016 23.88
2017 24.59
2018 24.51
2019 25.73

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