Armenia vs Libya: Paying taxes: Profit tax
Armenia
21.8%
in 2019
Libya
22.1%
in 2019
Armenia rank
48th
Libya rank
47th
Paying taxes: Profit tax over time
- Armenia
- Libya
How they compare
Libya currently reports 22.1% against 21.8% in Armenia, a difference of 0.3%.
Across all 8 years both countries report, Libya has been ahead every year.
Armenia ranks 48th and Libya ranks 47th of 190 countries.
Libya has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher paying taxes: profit tax, Armenia or Libya?
- Libya, at 22.1% against 21.8% in Armenia as of 2019.
- What is the difference in paying taxes: profit tax between Armenia and Libya?
- 0.3%, with Libya ahead.
- How many years of comparable data are there for Armenia and Libya?
- 8 years are reported by both, from 2012 to 2019.
- How do Armenia and Libya rank globally for paying taxes: profit tax?
- Armenia ranks 48th and Libya ranks 47th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Profit tax (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.