Paraguay—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #106 of 137
Latest Value
16.5%
2024
YoY Change
+14.1%
2023 → 2024
Global Rank
#106
of 137 countries
Maximum
17.5%
2022
Minimum
8.6%
2006
CAGR
+2.8%
20 years
Last
16.5%
Previous
14.5%
Highest
17.5%
Lowest
8.6%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 16.5% | +14.1% |
| 2023 | 14.5% | -17.6% |
| 2022 | 17.5% | +12.7% |
| 2021 | 15.6% | +3.5% |
| 2020 | 15.0% | +24.9% |
| 2019 | 12.0% | -8.0% |
| 2018 | 13.1% | -4.6% |
| 2017 | 13.7% | +14.9% |
| 2016 | 11.9% | -4.1% |
| 2015 | 12.4% | -3.1% |
| 2014 | 12.8% | +9.7% |
| 2013 | 11.7% | +0.7% |
| 2012 | 11.6% | +0.8% |
| 2011 | 11.5% | +5.9% |
| 2010 | 10.9% | -18.4% |
| 2009 | 13.3% | +28.3% |
| 2008 | 10.4% | +7.6% |
| 2007 | 9.6% | +12.6% |
| 2006 | 8.6% | -12.9% |
| 2005 | 9.8% |
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 →