Nicaragua—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #10 of 137
Latest Value
41.8%
2023
YoY Change
+0.3%
2022 → 2023
Global Rank
#10
of 137 countries
Maximum
41.8%
2023
Minimum
12.5%
2000
CAGR
+5.4%
24 years
Last
41.8%
Previous
41.6%
Highest
41.8%
Lowest
12.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 41.8% | +0.3% |
| 2022 | 41.6% | +7.1% |
| 2021 | 38.9% | -0.9% |
| 2020 | 39.2% | -2.8% |
| 2019 | 40.4% | -0.0% |
| 2018 | 40.4% | +12.5% |
| 2017 | 35.9% | +4.0% |
| 2016 | 34.5% | +2.3% |
| 2015 | 33.8% | +2.9% |
| 2014 | 32.8% | +5.5% |
| 2013 | 31.1% | +3.8% |
| 2012 | 30.0% | +1.3% |
| 2011 | 29.6% | +7.7% |
| 2010 | 27.5% | -5.4% |
| 2009 | 29.0% | +12.1% |
| 2008 | 25.9% | +10.4% |
| 2007 | 23.5% | +4.1% |
| 2006 | 22.5% | +0.7% |
| 2005 | 22.4% | +2.9% |
| 2004 | 21.7% | +8.7% |
| 2003 | 20.0% | +25.4% |
| 2002 | 16.0% | +14.6% |
| 2001 | 13.9% | +11.0% |
| 2000 | 12.5% |
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 →