Iraq—Taxes on Income, Profits & Capital Gains (% of rev)
Latest Value
2.0%
2019
YoY Change
-33.5%
2018 → 2019
Maximum
5.6%
2017
Minimum
1.3%
2014
CAGR
+9.5%
6 years
Last
2.0%
Previous
3.0%
Highest
5.6%
Lowest
1.3%
Source
World Bank World Development Indicators
Iraq's taxes on income, profits & capital gains (% of rev) was 2.0% in 2019. This represents a -33.5% change from 2018. Over the past 6 years, the highest recorded value was 5.6% (2017) and the lowest was 1.3% (2014). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 2.0% | -33.5% |
| 2018 | 3.0% | -46.6% |
| 2017 | 5.6% | +16.8% |
| 2016 | 4.8% | +103.0% |
| 2015 | 2.4% | +86.7% |
| 2014 | 1.3% |
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 | 56.7% | 2024 |
| 4 | United States | 56.3% | 2024 |
| 5 | Canada | 53.9% | 2024 |
| 6 | Denmark | 51.4% | 2024 |
| 7 | South Africa | 48.0% | 2023 |
| 8 | Malaysia | 47.6% | 2024 |
| 9 | Ireland | 45.2% | 2024 |
| 10 | Malta | 41.7% | 2024 |
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).