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

Taxes on income, profits and capital gains (% of total taxes) in Romania was 30.97 as of 2019. Its highest value over the past 47 years was 100.00 in 1976, while its lowest value was 0.00 in 1977.

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 100.00
1973 100.00
1974 100.00
1975 100.00
1976 100.00
1977 0.00
1978 0.00
1979 0.00
1980 0.00
1981 0.00
1982 0.00
1983 0.00
1984 0.00
1985 0.00
1986 0.00
1987 0.00
1988 0.00
1989 0.00
1990 28.24
1991 55.81
1992 57.23
1993 46.80
1994 50.34
1995 48.49
1996 47.30
1997 47.74
1998 36.92
1999 30.10
2000 35.26
2001 34.14
2002 32.03
2003 32.45
2004 35.32
2005 28.86
2006 31.98
2007 35.40
2008 36.49
2009 37.03
2010 32.75
2011 31.58
2012 30.00
2013 31.05
2014 32.09
2015 32.63
2016 35.71
2017 36.89
2018 31.54
2019 30.97

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