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

Taxes on income, profits and capital gains (% of total taxes) in Portugal was 39.70 as of 2019. Its highest value over the past 46 years was 45.10 in 2013, while its lowest value was 26.43 in 1986.

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
1973 28.47
1974 28.82
1975 26.93
1976 26.56
1977 26.77
1978 28.65
1979 32.96
1980 29.00
1981 32.30
1982 32.86
1983 33.88
1984 33.67
1985 35.57
1986 26.43
1987 26.54
1988 29.88
1989 35.75
1990 36.29
1991 39.46
1992 40.33
1993 39.47
1994 37.22
1995 37.40
1996 38.82
1997 39.60
1998 38.31
1999 39.11
2000 41.47
2001 40.07
2002 38.61
2003 36.09
2004 37.07
2005 35.47
2006 35.94
2007 38.63
2008 39.64
2009 40.31
2010 38.28
2011 40.31
2012 38.25
2013 45.10
2014 43.60
2015 42.77
2016 40.89
2017 40.35
2018 40.51
2019 39.70

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