Namibia: Income and profits taxes

* indicates monthly or quarterly data series
 Namibia

Income, profits, and capital gains taxes: percent of revenue

 Latest value 40.53
 Year 2021
 Measure percent
 Data availability 1990 - 2021
 Average 34.36
 Min - Max 22.66 - 42.44
 Source The World Bank
For that indicator, we provide data for Namibia from 1990 to 2021. The average value for Namibia during that period was 34.36 percent with a minimum of 22.66 percent in 1991 and a maximum of 42.44 percent in 2002. The latest value from 2021 is 40.53 percent. For comparison, the world average in 2021 based on 103 countries is 25.15 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Namibia - Income and profits taxes - recent values

Historical chart
Namibia - Income and profits taxes - historical chart - 1990-2021




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.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 22.61 2022 percent
 Government spending, in dollars 2.92 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -7.00 2022 percent
 Government debt 67.00 2021 percent
 Tax revenue 27.97 2021 percent
 Commercial tax rate 20.70 2019 percent
 Tax preparation time 302 2019 hours
 Number of taxes 27 2019 taxes
 Taxes on goods and services 24.45 2021 percent
 Taxes on international trade 27.26 2021 percent
 Income and profits taxes 40.53 2021 percent
 Foreign aid 182.17 2021 million U.S. dollars
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