Belize vs Gambia: Paying taxes: Profit tax
Belize
24.7%
in 2019
Gambia
24.4%
in 2019
Belize rank
30th
Gambia rank
32nd
Paying taxes: Profit tax over time
- Belize
- Gambia
How they compare
Belize currently reports 24.7% against 24.4% in Gambia, a difference of 0.3%.
Across all 15 years both countries report, Belize has been ahead every year.
Belize ranks 30th and Gambia ranks 32nd of 190 countries.
Belize has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Belize | Gambia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.7% | 6.1% | 18.6% | Belize |
| 2010s | 24.7% | 7.9% | 16.8% | Belize |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Belize or Gambia?
- Belize, at 24.7% against 24.4% in Gambia as of 2019.
- What is the difference in paying taxes: profit tax between Belize and Gambia?
- 0.3%, with Belize ahead.
- How many years of comparable data are there for Belize and Gambia?
- 15 years are reported by both, from 2005 to 2019.
- How do Belize and Gambia rank globally for paying taxes: profit tax?
- Belize ranks 30th and Gambia ranks 32nd 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.