Romania's taxes on income, profits and capital gains (% of total taxes) was 35.16% in 2024, the latest year in the World Bank's World Development Indicators. That is up 3.07 percentage points from 32.09% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 35.16% | 2024 |
| Five years earlier | 31.06% | 2019 |
| Ten years earlier | 32.09% | 2014 |
| Highest | 100% | 1973 |
| Lowest | 28.24% | 1990 |
| Average since 2015 | 33.44% | 2015–2024 |
| First recorded | 100% | 1972 |
What the numbers say
In 2024, Romania's taxes on income, profits and capital gains (% of total taxes) rose 2.73 percentage points on 2023 (from 32.43% to 35.16%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −0.48 percentage points and a typical year strayed about 3.58 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 27.58 percentage points in 1991 and the biggest yearly fall was 10.82 percentage points in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Romania had the 61st highest value of the 89 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Romania in the 2024 ranking
- Uruguay — 57th of 89: 37.12%
- Ukraine — 58th of 89: 37.08%
- Solomon Islands — 59th of 89: 36.27%
- Tanzania — 61st of 89: 34.95%
- Dominican Republic — 62nd of 89: 34.93%
- Mongolia — 63rd of 89: 32.75%
What this measures
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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 40 values
| Year | Taxes on income, profits and capital gains (% of total taxes) |
|---|---|
| 2024 | 35.16 |
| 2023 | 32.43 |
| 2022 | 35.94 |
| 2021 | 32.1 |
| 2020 | 30.88 |
| 2019 | 31.06 |
| 2018 | 31.55 |
| 2017 | 36.9 |
| 2016 | 35.71 |
| 2015 | 32.63 |
| 2014 |
Taxes on income, profits and capital gains (% of total taxes) in nearby economies
- Albania — 25.92% (2024)
- Armenia — 43.24% (2024)
- Austria — 49.76% (2024)
- Azerbaijan — 39.41% (2024)
- Belarus — 7.31% (2024)
- Belgium — 59.39% (2024)
- Bosnia and Herzegovina — 18.78% (2024)
- Bulgaria — 30.7% (2024)
- Croatia — 14.16% (2023)
More public sector data for Romania
- Arms imports (SIPRI trend indicator values) — 421 million (2025)
- Military expenditure (current USD) — 9.73 billion (2025)
- Military expenditure (current LCU) — 43.45 billion (2025)
- Grants and other revenue (current LCU) — 74.41 billion (2024)
- Grants and other revenue (% of revenue) — 13.15% (2024)
- Social contributions (current LCU) — 206.52 billion (2024)
- Social contributions (% of revenue) — 36.49% (2024)
- Revenue, excluding grants (current LCU) — 540.24 billion (2024)
- Tax revenue (current LCU) — 285.1 billion (2024)
- Military expenditure (% of GDP)
Reading data like this
Questions people ask
- What is Romania's taxes on income, profits and capital gains (% of total taxes)?
- 35.16% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1972?
- It is down 64.84 percentage points from 100% in 1972. The highest value was 100% in 1973 and the lowest 28.24% in 1990.
- How does Romania rank?
- 61st highest of 89 economies with data for 2024.
- Is the latest change in taxes on income, profits and capital gains (% of total taxes) unusual for Romania?
- In 2024, Romania's taxes on income, profits and capital gains (% of total taxes) rose 2.73 percentage points on 2023 (from 32.43% to 35.16%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.48 percentage points and a typical year strayed about 3.58 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator GC.TAX.YPKG.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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