Seychelles: Income and profits taxes
* indicates monthly or quarterly data series
| Seychelles |
Income, profits, and capital gains taxes: percent of revenue |
|---|---|
| Latest value | 31.48 |
| Year | 2020 |
| Measure | percent |
| Data availability | 1993 - 2020 |
| Average | 21.91 |
| Min - Max | 12.00 - 32.47 |
| Source | The World Bank |
The latest value from 2020 is 31.48 percent, an increase from 30.18 percent in 2019. In comparison, the world average is 27.95 percent, based on data from 129 countries. Historically, the average for the Seychelles from 1993 to 2020 is 21.91 percent. The minimum value, 12 percent, was reached in 1996 while the maximum of 32.47 percent was recorded in 2018.
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
Historical series
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 | 21.34 | 2023 | percent |
| Government spending, in dollars | 0.46 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 0.20 | 2019 | percent |
| Government debt | 60.00 | 2023 | percent |
| Government expenditure | 1.49 | Q2/2024 | billion |
| Tax revenue | 26.18 | 2020 | percent |
| Commercial tax rate | 30.10 | 2019 | percent |
| Tax preparation time | 85 | 2019 | hours |
| Number of taxes | 29 | 2019 | taxes |
| Taxes on goods and services | 47.34 | 2020 | percent |
| Taxes on international trade | 3.44 | 2020 | percent |
| Income and profits taxes | 31.48 | 2020 | percent |
| Foreign aid | 0.05 | 2021 | million U.S. dollars |