Belgium vs Mongolia: Paying taxes: Profit tax
Belgium
10.3%
in 2019
Mongolia
10.2%
in 2019
Belgium rank
133rd
Mongolia rank
136th
Paying taxes: Profit tax over time
- Belgium
- Mongolia
How they compare
Belgium currently reports 10.3% against 10.2% in Mongolia, a difference of 0.1%.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Mongolia ahead.
Belgium ranks 133rd and Mongolia ranks 136th of 190 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Belgium | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.8% | 13.0% | 5.2% | Mongolia |
| 2010s | 8.9% | 10.4% | 1.6% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Belgium or Mongolia?
- Belgium, at 10.3% against 10.2% in Mongolia as of 2019.
- What is the difference in paying taxes: profit tax between Belgium and Mongolia?
- 0.1%, with Belgium ahead.
- How many years of comparable data are there for Belgium and Mongolia?
- 15 years are reported by both, from 2005 to 2019.
- How do Belgium and Mongolia rank globally for paying taxes: profit tax?
- Belgium ranks 133rd and Mongolia ranks 136th 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.