Cape Verde vs Korea: Paying taxes: Profit tax
Cape Verde
18.3%
in 2019
Korea
18.2%
in 2019
Cape Verde rank
78th
Korea rank
79th
Paying taxes: Profit tax over time
- Cape Verde
- Korea
How they compare
Cape Verde currently reports 18.3% against 18.2% in Korea, a difference of 0.1%.
The two have swapped places 3 times across 15 shared years of data; in 2005 it was Korea ahead.
Cape Verde ranks 78th and Korea ranks 79th of 190 countries.
Cape Verde has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cape Verde | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 21.2% | 19.2% | 2.0% | Cape Verde |
| 2010s | 18.4% | 18.2% | 0.3% | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Cape Verde or Korea?
- Cape Verde, at 18.3% against 18.2% in Korea as of 2019.
- What is the difference in paying taxes: profit tax between Cape Verde and Korea?
- 0.1%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Korea?
- 15 years are reported by both, from 2005 to 2019.
- How do Cape Verde and Korea rank globally for paying taxes: profit tax?
- Cape Verde ranks 78th and Korea ranks 79th 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.