Namibia: Income and profits taxes

The latest value from 2024 is 36.77 percent, a decline from 37.14 percent in 2023. In comparison, the world average is 26.79 percent, based on data from 87 countries. Historically, the average for Namibia from 1990 to 2024 is 34.77 percent. The minimum value, 22.66 percent, was reached in 1991 while the maximum of 42.44 percent was recorded in 2002. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.