Azerbaijan vs Panama: Paying taxes: Profit tax
Azerbaijan
12.7%
in 2019
Panama
12.4%
in 2019
Azerbaijan rank
117th
Panama rank
120th
Paying taxes: Profit tax over time
- Azerbaijan
- Panama
How they compare
Azerbaijan currently reports 12.7% against 12.4% in Panama, a difference of 0.3%.
Across all 15 years both countries report, Azerbaijan has been ahead every year.
Azerbaijan ranks 117th and Panama ranks 120th of 190 countries.
Azerbaijan has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Azerbaijan | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.0% | 12.5% | 1.6% | Azerbaijan |
| 2010s | 13.1% | 12.3% | 0.8% | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Azerbaijan or Panama?
- Azerbaijan, at 12.7% against 12.4% in Panama as of 2019.
- What is the difference in paying taxes: profit tax between Azerbaijan and Panama?
- 0.3%, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Panama?
- 15 years are reported by both, from 2005 to 2019.
- How do Azerbaijan and Panama rank globally for paying taxes: profit tax?
- Azerbaijan ranks 117th and Panama ranks 120th 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.