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

Taxes on income, profits and capital gains (% of total taxes) in Turkey was 31.39 as of 2020. Its highest value over the past 48 years was 61.83 in 1981, while its lowest value was 27.55 in 2013.

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 37.63
1973 41.27
1974 45.02
1975 45.84
1976 44.29
1977 49.83
1978 53.37
1979 57.52
1980 61.83
1981 61.83
1983 57.26
1984 56.44
1985 45.99
1986 50.96
1987 48.76
1988 48.55
1989 52.67
1990 51.17
1991 51.34
1992 49.46
1993 47.57
1994 41.93
1995 40.19
1996 38.57
1997 41.23
1998 47.16
2008 31.17
2009 31.01
2010 28.90
2011 29.03
2012 30.04
2013 27.55
2014 29.86
2015 28.44
2016 29.69
2017 30.21
2018 34.18
2019 34.67
2020 31.39

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