Luxembourg—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #32 of 137
Latest Value
33.8%
2023
YoY Change
+4.1%
2022 → 2023
Global Rank
#32
of 137 countries
Maximum
33.8%
2023
Minimum
26.3%
2004
CAGR
+0.8%
24 years
Last
33.8%
Previous
32.4%
Highest
33.8%
Lowest
26.3%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 33.8% | +4.1% |
| 2022 | 32.4% | +0.8% |
| 2021 | 32.2% | +1.6% |
| 2020 | 31.7% | -1.8% |
| 2019 | 32.2% | -1.9% |
| 2018 | 32.9% | +6.6% |
| 2017 | 30.8% | +1.8% |
| 2016 | 30.3% | +0.9% |
| 2015 | 30.0% | +4.2% |
| 2014 | 28.8% | -1.4% |
| 2013 | 29.2% | +1.3% |
| 2012 | 28.8% | +0.7% |
| 2011 | 28.6% | -2.4% |
| 2010 | 29.3% | +3.5% |
| 2009 | 28.3% | -1.7% |
| 2008 | 28.8% | +3.3% |
| 2007 | 27.9% | -1.1% |
| 2006 | 28.2% | +0.6% |
| 2005 | 28.1% | +6.6% |
| 2004 | 26.3% | -8.0% |
| 2003 | 28.6% | -0.5% |
| 2002 | 28.7% | +1.0% |
| 2001 | 28.5% | +0.3% |
| 2000 | 28.4% |
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 →