World - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in World was 40.38 as of 2019. Its highest value over the past 14 years was 53.10 in 2005, while its lowest value was 40.29 in 2018.

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 53.10
2006 51.92
2007 50.72
2008 49.82
2009 48.56
2010 47.24
2011 44.19
2012 43.54
2013 41.89
2014 40.58
2015 40.47
2016 40.31
2017 40.35
2018 40.29
2019 40.38

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment