Micronesia, Fed. Sts.—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #119 of 137
Latest Value
10.9%
2020
YoY Change
-69.2%
2019 → 2020
Global Rank
#119
of 137 countries
Maximum
43.2%
2018
Minimum
3.9%
2009
CAGR
+5.3%
13 years
Last
10.9%
Previous
35.6%
Highest
43.2%
Lowest
3.9%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 10.9% | -69.2% |
| 2019 | 35.6% | -17.7% |
| 2018 | 43.2% | +171.7% |
| 2017 | 15.9% | +98.4% |
| 2016 | 8.0% | +6.2% |
| 2015 | 7.5% | -72.8% |
| 2014 | 27.8% | +237.4% |
| 2013 | 8.2% | +51.5% |
| 2012 | 5.4% | -5.0% |
| 2011 | 5.7% | +38.5% |
| 2010 | 4.1% | +5.0% |
| 2009 | 3.9% | -33.5% |
| 2008 | 5.9% |
Top Countries — Taxes on Income, Profits & Capital Gains (% of rev)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Australia | 67.9% | 2022 |
| 2 | Papua New Guinea | 59.2% | 2023 |
| 3 | New Zealand | 56.9% | 2023 |
| 4 | United States | 56.7% | 2024 |
| 5 | Canada | 54.6% | 2024 |
| 6 | Ireland | 49.7% | 2022 |
| 7 | Malaysia | 49.4% | 2023 |
| 8 | Denmark | 48.9% | 2023 |
| 9 | South Africa | 48.0% | 2023 |
| 10 | Nicaragua | 41.8% | 2023 |
About This Indicator
Definition
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →