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

Taxes on income, profits and capital gains (% of total taxes) in Peru was 39.77 as of 2019. Its highest value over the past 47 years was 44.52 in 2011, while its lowest value was 6.32 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 17.78
1973 28.26
1974 32.20
1975 26.58
1976 18.81
1977 16.78
1978 13.52
1979 20.20
1980 28.06
1981 17.22
1982 16.50
1983 13.03
1984 11.75
1985 10.55
1986 23.86
1987 21.19
1988 23.06
1989 17.54
1990 6.32
1991 8.47
1992 13.90
1993 16.68
1994 19.75
1995 19.04
1996 23.97
1997 24.10
1998 25.15
1999 27.38
2000 26.97
2001 27.40
2002 26.65
2003 30.64
2004 30.28
2005 31.63
2006 40.50
2007 43.57
2008 41.47
2009 38.67
2010 40.03
2011 44.52
2012 44.34
2013 40.88
2014 42.13
2015 38.53
2016 41.67
2017 40.55
2018 39.80
2019 39.77

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance