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

Taxes on income, profits and capital gains (% of revenue) in Portugal was 23.34 as of 2019. Its highest value over the past 44 years was 25.90 in 2013, while its lowest value was 16.05 in 1987.

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
1975 17.14
1976 17.74
1977 17.40
1978 18.31
1979 21.45
1980 19.25
1981 21.63
1982 22.42
1983 23.34
1984 23.62
1985 25.07
1986 16.79
1987 16.05
1988 19.08
1989 21.20
1990 21.39
1995 22.28
1996 23.33
1997 23.18
1998 22.77
1999 23.13
2000 24.51
2001 23.50
2002 22.24
2003 20.17
2004 20.68
2005 20.11
2006 20.79
2007 22.42
2008 22.76
2009 21.64
2010 21.26
2011 22.96
2012 21.25
2013 25.90
2014 25.24
2015 25.28
2016 24.09
2017 24.02
2018 24.15
2019 23.34

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