Guinea: Income and profits taxes
* indicates monthly or quarterly data series
| Guinea |
Income, profits, and capital gains taxes: percent of revenue |
|---|---|
| Latest value | 10.99 |
| Year | 1992 |
| Measure | percent |
| Data availability | 1990 - 1992 |
| Average | 7.78 |
| Min - Max | 5.01 - 10.99 |
| Source | The World Bank |
The latest value from 1992 is 10.99 percent, an increase from 5.01 percent in 1991. In comparison, the world average is 22.16 percent, based on data from 76 countries. Historically, the average for Guinea from 1990 to 1992 is 7.78 percent. The minimum value, 5.01 percent, was reached in 1991 while the maximum of 10.99 percent was recorded in 1992.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 16.59 | 2022 | percent |
| Government spending, in dollars | 2.89 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.60 | 2023 | percent |
| Government debt | 40.31 | 2023 | percent |
| Tax revenue | 10.84 | 1992 | percent |
| Commercial tax rate | 69.30 | 2019 | percent |
| Tax preparation time | 400 | 2019 | hours |
| Number of taxes | 33 | 2019 | taxes |
| Taxes on goods and services | 20.48 | 1992 | percent |
| Taxes on international trade | 35.79 | 1992 | percent |
| Income and profits taxes | 10.99 | 1992 | percent |
| Foreign aid | 586.66 | 2021 | million U.S. dollars |