Zimbabwe: Income and profits taxes

* indicates monthly or quarterly data series
 Zimbabwe

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

 Latest value 33.32
 Year 2018
 Measure percent
 Data availability 2009 - 2018
 Average 30.95
 Min - Max 21.87 - 34.18
 Source The World Bank
The latest value from 2018 is 33.32 percent, an increase from 32.62 percent in 2017. In comparison, the world average is 24.19 percent, based on data from 132 countries. Historically, the average for Zimbabwe from 2009 to 2018 is 30.95 percent. The minimum value, 21.87 percent, was reached in 2009 while the maximum of 34.18 percent was recorded in 2015. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Zimbabwe - Income and profits taxes - Recent values chart




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.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 12.47 2024 percent
 Government spending, in dollars 5.51 2024 billion U.S. dollars
 Fiscal balance, percent of GDP -1.06 2024 percent
 Primary budget balance -0.51 2024 percent
 Tax revenue 7.21 2018 percent
 Commercial tax rate 31.60 2019 percent
 Tax preparation time 242 2019 hours
 Taxes on goods and services 41.23 2018 percent
 Taxes on international trade 7.66 2018 percent
 Income and profits taxes 33.32 2018 percent
 Foreign aid 791.53 2023 million U.S. dollars
 Government debt 73.05 2024 percent
 Sovereign debt average maturity 11.42 2024 percent
 Short-term government debt 0.00 2024 percent
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