United Kingdom: Income and profits taxes
* indicates monthly or quarterly data series
| United Kingdom |
Income, profits, and capital gains taxes: percent of revenue |
|---|---|
| Latest value | 40.58 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1972 - 2024 |
| Average | 37.91 |
| Min - Max | 32.41 - 44.42 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is 40.58 percent, an increase from 39.16 percent in 2023. In comparison, the world average is 26.79 percent, based on data from 87 countries. Historically, the average for the United Kingdom from 1972 to 2024 is 37.91 percent. The minimum value, 32.41 percent, was reached in 2010 while the maximum of 44.42 percent was recorded in 1975.
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 values | United Kingdom: Income and profits taxes |
|---|---|
| 2024 | 40.58 |
| 2023 | 39.16 |
| 2022 | 36.69 |
| 2021 | 37.23 |
| 2020 | 35.53 |
| 2019 | 33.95 |
| 2018 | 34.47 |
| 2017 | 34.57 |
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.
Other resources:
Download data from our database
All indicators for the United Kingdom
All indicators on the website
Article: Are trade deficits bad for the economy?
Article: Sources of economic growth
Article: Currency values and investment returns
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 21.23 | 2025 | percent |
| Government spending, in dollars | 849.56 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -5.75 | 2024 | percent |
| Primary budget balance | -3.79 | 2024 | percent |
| Government expenditure | 167.32 | Q2/2026 | billion |
| Long-term interest rate | 4.93 | 7/2026 | percent |
| Tax revenue | 26.89 | 2024 | percent |
| Taxes on goods and services | 31.09 | 2024 | percent |
| Taxes on international trade | 0.56 | 2024 | percent |
| Income and profits taxes | 40.58 | 2024 | percent |
| Government debt | 101.23 | 2024 | percent |
| Government debt in foreign currency, percent | 0.70 | 2024 | percent |
| Government debt held by non-residents | 18.17 | 2024 | percent |
| Sovereign debt average maturity | 13.97 | 2024 | percent |
| Short-term government debt | 9.97 | 2024 | percent |