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

Taxes on income, profits and capital gains (% of revenue) in Peru was 29.07 as of 2019. Its highest value over the past 47 years was 33.96 in 2012, while its lowest value was 5.44 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.

See also:

Year Value
1972 15.38
1973 25.00
1974 28.36
1975 23.60
1976 16.67
1977 15.09
1978 12.55
1979 18.15
1980 25.91
1981 15.63
1982 14.93
1983 11.72
1984 9.79
1985 9.34
1986 21.54
1987 19.76
1988 21.34
1989 16.76
1990 5.44
1991 6.73
1992 10.97
1993 13.34
1994 15.41
1995 14.92
1996 18.41
1997 18.55
1998 18.97
1999 19.96
2000 18.82
2001 20.37
2002 19.67
2003 23.54
2004 23.89
2005 24.11
2006 31.69
2007 33.95
2008 32.24
2009 29.29
2010 30.36
2011 33.93
2012 33.96
2013 31.05
2014 32.18
2015 28.82
2016 31.05
2017 29.57
2018 29.66
2019 29.07

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