Maldives—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #116 of 137
Latest Value
12.7%
2021
YoY Change
-47.4%
2020 → 2021
Global Rank
#116
of 137 countries
Maximum
24.1%
2020
Minimum
1.4%
2004
CAGR
+9.2%
20 years
Last
12.7%
Previous
24.1%
Highest
24.1%
Lowest
1.4%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 12.7% | -47.4% |
| 2020 | 24.1% | +57.8% |
| 2019 | 15.3% | +3.2% |
| 2018 | 14.8% | -10.4% |
| 2017 | 16.5% | -5.9% |
| 2016 | 17.6% | -5.5% |
| 2015 | 18.6% | -5.6% |
| 2014 | 19.7% | +596.8% |
| 2011 | 2.8% | -9.7% |
| 2010 | 3.1% | -27.1% |
| 2009 | 4.3% | +32.2% |
| 2008 | 3.2% | +44.8% |
| 2007 | 2.2% | +49.8% |
| 2006 | 1.5% | +4.3% |
| 2005 | 1.4% | +0.5% |
| 2004 | 1.4% | -5.4% |
| 2003 | 1.5% | -19.6% |
| 2002 | 1.9% | -10.2% |
| 2001 | 2.1% | +5.6% |
| 2000 | 2.0% |
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 →