IBRD only - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in IBRD only was 41.45 as of 2019. Its highest value over the past 14 years was 47.51 in 2005, while its lowest value was 40.75 in 2012.

Definition: 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.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 47.51
2006 46.40
2007 45.57
2008 44.52
2009 42.67
2010 42.19
2011 42.05
2012 40.75
2013 41.88
2014 41.93
2015 41.80
2016 41.56
2017 41.68
2018 41.72
2019 41.45

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment