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

Taxes on income, profits and capital gains (% of revenue) in Switzerland was 25.73 as of 2019. Its highest value over the past 47 years was 25.73 in 2019, while its lowest value was 11.60 in 1973.

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 13.54
1973 11.60
1974 13.82
1975 13.13
1976 16.99
1977 14.40
1978 14.50
1979 12.60
1980 13.53
1981 13.81
1982 15.10
1983 13.83
1984 14.89
1990 19.93
1991 19.45
1992 20.88
1993 16.05
1994 19.27
1995 15.17
1996 17.50
1997 16.95
1998 19.72
1999 15.89
2000 19.56
2001 15.61
2002 16.53
2003 16.66
2004 16.93
2005 18.09
2006 19.23
2007 19.82
2008 22.67
2009 21.46
2010 21.28
2011 20.78
2012 20.53
2013 20.97
2014 20.68
2015 22.58
2016 22.54
2017 24.59
2018 24.51
2019 25.73

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