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Philippines Taxes on income, profits and capital gains (current LCU) 2026: Interactive Chart & Historical Data

Taxes on income, profits and capital gains (current LCU) in Philippines stood at 1.533 trillion in 2024, according to World Bank. The latest value is up 9.1% from 1.404 trillion in 2023. Ten years earlier, in 2014, the value was 784.9 billion (up 95% since). The latest value is the highest since 1990; the lowest was 49.37 billion in 1990. Philippines ranked 22nd highest of the 108 countries in this dataset in 2023; South Korea ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Taxes on income, profits and capital gains (current LCU) in Philippines?

Taxes on income, profits and capital gains (current LCU) in Philippines stood at 1.533 trillion in 2024, according to World Bank.

Is Taxes on income, profits and capital gains (current LCU) in Philippines rising or falling?

The latest value is up 9.1% from 1.404 trillion in 2023. Ten years earlier, in 2014, the value was 784.9 billion (up 95% since).

How does Philippines rank for Taxes on income, profits and capital gains (current LCU)?

Philippines ranked 22nd highest of the 108 countries in this dataset in 2023; South Korea ranked first.

What is the highest Taxes on income, profits and capital gains (current LCU) on record in Philippines?

The latest value is the highest since 1990; the lowest was 49.37 billion in 1990.

Metadata for Taxes on income, profits and capital gains (current LCU) in Philippines
IndicatorTaxes on income, profits and capital gains (current LCU)
CountryPhilippines
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 1.533 trillion (2024)

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Source:World Bank — series GC.TAX.YPKG.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Taxes on income, profits and capital gains (current LCU) — Philippines [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-ypkg-cn/PHL. Original source: https://data.worldbank.org/indicator/GC.TAX.YPKG.CN

MLA

World Bank. "Taxes on income, profits and capital gains (current LCU) — Philippines." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-ypkg-cn/PHL. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.YPKG.CN.

Chicago

World Bank. 2026. "Taxes on income, profits and capital gains (current LCU) — Philippines." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-ypkg-cn/PHL. Original source: https://data.worldbank.org/indicator/GC.TAX.YPKG.CN.

BibTeX
@misc{econdash_wdi_gc_tax_ypkg_cn_phl,
  author = {{World Bank}},
  title = {{Taxes on income, profits and capital gains (current LCU) --- Philippines}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-ypkg-cn/PHL},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.YPKG.CN}
}