The Corporate Tax Rate in Jamaica stands at 25 percent. This dataset provides - Jamaica Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Jamaica stands at 30 percent. This dataset provides - Jamaica Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Jamaica JM: Total Tax Rate: % of Profit data was reported at 33.100 % in 2017. This stayed constant from the previous number of 33.100 % for 2016. Jamaica JM: Total Tax Rate: % of Profit data is updated yearly, averaging 46.600 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 47.900 % in 2009 and a record low of 33.100 % in 2017. Jamaica JM: Total Tax Rate: % of Profit data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank: Company Statistics. Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

Jamaica JM: Time to Prepare and Pay Taxes data was reported at 268.000 Hour in 2017. This stayed constant from the previous number of 268.000 Hour for 2016. Jamaica JM: Time to Prepare and Pay Taxes data is updated yearly, averaging 324.000 Hour from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 324.000 Hour in 2011 and a record low of 268.000 Hour in 2017. Jamaica JM: Time to Prepare and Pay Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank.WDI: Company Statistics. Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

Jamaica JM: Labour Tax and Contributions: % of Commercial Profits data was reported at 13.400 % in 2017. This stayed constant from the previous number of 13.400 % for 2016. Jamaica JM: Labour Tax and Contributions: % of Commercial Profits data is updated yearly, averaging 13.000 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 13.400 % in 2017 and a record low of 12.900 % in 2013. Jamaica JM: Labour Tax and Contributions: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank.WDI: Business Environment. Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

Jamaica JM: Tax Payments data was reported at 11.000 Number in 2017. This stayed constant from the previous number of 11.000 Number for 2016. Jamaica JM: Tax Payments data is updated yearly, averaging 72.000 Number from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 72.000 Number in 2011 and a record low of 11.000 Number in 2017. Jamaica JM: Tax Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank.WDI: Company Statistics. Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

In 2022, the tax revenues accounted for 29.3 percent of Jamaica's gross domestic product. This represents a slight increase in comparison to the value reported in the previous year.

Jamaica JM: BoP: Capital Account: Capital Transfers: Financial Corporations, Non Financial Corporations, Households & NPISHs: Others: ow Capital Taxes: Debit data was reported at 0.000 USD mn in 2017. This stayed constant from the previous number of 0.000 USD mn for 2016. Jamaica JM: BoP: Capital Account: Capital Transfers: Financial Corporations, Non Financial Corporations, Households & NPISHs: Others: ow Capital Taxes: Debit data is updated yearly, averaging 0.000 USD mn from Dec 2012 (Median) to 2017, with 6 observations. Jamaica JM: BoP: Capital Account: Capital Transfers: Financial Corporations, Non Financial Corporations, Households & NPISHs: Others: ow Capital Taxes: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Jamaica – Table JM.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

In 2019, the government revenue from income, profits and capital gains of the public sector in Jamaica increased by 0.1 billion U.S. dollars (+7.52 percent) since 2018. In total, the government revenue amounted to 1.44 billion U.S. dollars in 2019.Data provided by Statista Market Insights are estimates. Find further statistics regarding government revenue from income, profits and capital gains in this context for countries like Nicaragua, Peru, and Mexico.

Jamaica JM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data was reported at 31.946 % in 2016. This records a decrease from the previous number of 33.346 % for 2015. Jamaica JM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data is updated yearly, averaging 37.690 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 43.498 % in 2009 and a record low of 21.389 % in 1993. Jamaica JM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank: Government Revenue, Expenditure and Finance. 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.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

Tax revenue collected from betting, gaming, and lottery in Jamaica increased significantly in 2021 over the previous year. In total, tax revenue from gambling activities amounted to roughly 7.23 billion Jamaican dollars in 2021 (roughly 46.3 million U.S. dollars based on the exchange rate of December 19, 2021). By contrast, the country generated 6.16 billion Jamaican dollars from taxes on gambling in 2020.

Jamaica JM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains data was reported at 159,689.549 JMD mn in 2016. This records an increase from the previous number of 152,004.259 JMD mn for 2015. Jamaica JM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains data is updated yearly, averaging 45,438.906 JMD mn from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 159,689.549 JMD mn in 2016 and a record low of 1,073.153 JMD mn in 1988. Jamaica JM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank: Government Revenue, Expenditure and Finance. 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.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Jamaica JM: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data was reported at 24.936 % in 2016. This records an increase from the previous number of 24.690 % for 2015. Jamaica JM: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data is updated yearly, averaging 22.896 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 24.963 % in 2002 and a record low of 6.487 % in 1988. Jamaica JM: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

Jamaica JM: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data was reported at 34.805 % in 2016. This records an increase from the previous number of 32.315 % for 2015. Jamaica JM: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data is updated yearly, averaging 25.837 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 34.805 % in 2016 and a record low of 21.913 % in 1990. Jamaica JM: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank: Government Revenue, Expenditure and Finance. Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

This dataset is about countries in Jamaica per year, featuring 4 columns: country, date, fertility rate, and tax revenue. The preview is ordered by date (descending).

Jamaica JM: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Current Taxes on Income, Wealth: Debit data was reported at 0.000 USD mn in Jun 2017. This stayed constant from the previous number of 0.000 USD mn for Mar 2017. Jamaica JM: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Current Taxes on Income, Wealth: Debit data is updated quarterly, averaging 0.000 USD mn from Mar 2012 (Median) to Jun 2017, with 22 observations. Jamaica JM: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Current Taxes on Income, Wealth: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Jamaica – Table JM.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation.

Jamaica JM: GDP: USD: Net Taxes on Product data was reported at 2.693 USD bn in 2017. This records an increase from the previous number of 2.365 USD bn for 2016. Jamaica JM: GDP: USD: Net Taxes on Product data is updated yearly, averaging 449.549 USD mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 2.693 USD bn in 2017 and a record low of 55.019 USD mn in 1960. Jamaica JM: GDP: USD: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank: Gross Domestic Product: Nominal. Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Jamaica JM: Environmentally Related Taxes: % of GDP data was reported at 1.110 % in 2022. This records an increase from the previous number of 0.790 % for 2021. Jamaica JM: Environmentally Related Taxes: % of GDP data is updated yearly, averaging 0.560 % from Dec 1994 (Median) to 2022, with 29 observations. The data reached an all-time high of 1.270 % in 2019 and a record low of 0.310 % in 2004. Jamaica JM: Environmentally Related Taxes: % of GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Jamaica – Table JM.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

Jamaica JM: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data was reported at 8.827 % in 2016. This records an increase from the previous number of 8.367 % for 2015. Jamaica JM: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data is updated yearly, averaging 6.844 % from Dec 1993 (Median) to 2016, with 24 observations. The data reached an all-time high of 8.827 % in 2016 and a record low of 5.143 % in 1994. Jamaica JM: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.; ;

Jamaica JM: Budgetary Central Government: Cash Receipts: Operating Activities: Taxes: Income and Profits data was reported at 20,424.400 JMD mn in Mar 2014. This records an increase from the previous number of 5,604.700 JMD mn for Feb 2014. Jamaica JM: Budgetary Central Government: Cash Receipts: Operating Activities: Taxes: Income and Profits data is updated monthly, averaging 5,582.950 JMD mn from Apr 2005 (Median) to Mar 2014, with 108 observations. The data reached an all-time high of 20,424.400 JMD mn in Mar 2014 and a record low of 2,851.400 JMD mn in Oct 2005. Jamaica JM: Budgetary Central Government: Cash Receipts: Operating Activities: Taxes: Income and Profits data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Jamaica – Table JM.IMF.IFS: Government Finance: Cash Flow Statement.