Tonga—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #124 of 137
Latest Value
8.9%
2023
YoY Change
-10.2%
2022 → 2023
Global Rank
#124
of 137 countries
Maximum
12.7%
2015
Minimum
8.9%
2023
CAGR
-3.3%
11 years
Last
8.9%
Previous
9.9%
Highest
12.7%
Lowest
8.9%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 8.9% | -10.2% |
| 2022 | 9.9% | +5.2% |
| 2021 | 9.4% | -11.4% |
| 2020 | 10.6% | -6.8% |
| 2019 | 11.4% | +6.8% |
| 2018 | 10.7% | +2.5% |
| 2017 | 10.4% | +7.5% |
| 2016 | 9.7% | -24.0% |
| 2015 | 12.7% | +34.0% |
| 2014 | 9.5% | -23.9% |
| 2013 | 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 →