New Zealand—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #3 of 137
Latest Value
56.9%
2023
YoY Change
-2.3%
2022 → 2023
Global Rank
#3
of 137 countries
Maximum
59.5%
2008
Minimum
45.4%
2011
CAGR
+0.3%
23 years
Last
56.9%
Previous
58.3%
Highest
59.5%
Lowest
45.4%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 56.9% | -2.3% |
| 2022 | 58.3% | +5.6% |
| 2021 | 55.2% | +3.1% |
| 2020 | 53.5% | -1.2% |
| 2019 | 54.2% | +1.6% |
| 2018 | 53.3% | +0.9% |
| 2017 | 52.8% | +1.8% |
| 2016 | 51.9% | +0.7% |
| 2015 | 51.6% | +2.5% |
| 2014 | 50.3% | +0.0% |
| 2013 | 50.3% | +2.8% |
| 2012 | 49.0% | +7.8% |
| 2011 | 45.4% | -10.9% |
| 2010 | 51.0% | -9.0% |
| 2009 | 56.0% | -5.8% |
| 2008 | 59.5% | +4.9% |
| 2007 | 56.7% | -2.6% |
| 2006 | 58.2% | +5.9% |
| 2005 | 54.9% | +4.2% |
| 2004 | 52.7% | -0.4% |
| 2003 | 52.9% | +1.4% |
| 2002 | 52.2% | -2.9% |
| 2001 | 53.8% |
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 →