Cameroon vs Equatorial Guinea: Paying taxes: Profit tax
Cameroon
38.9%
in 2019
Equatorial Guinea
53.0%
in 2019
Cameroon rank
3rd
Equatorial Guinea rank
2nd
Paying taxes: Profit tax over time
- Cameroon
- Equatorial Guinea
How they compare
Equatorial Guinea currently reports 53.0% against 38.9% in Cameroon, a difference of 14.1%.
That makes Equatorial Guinea's figure about 1.4 times Cameroon's.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Cameroon ahead.
Cameroon ranks 3rd and Equatorial Guinea ranks 2nd of 190 countries.
Across the 2 decades both report, Cameroon averaged higher in 1 and Equatorial Guinea in 1.
Head to head by decade
| Decade | Cameroon | Equatorial Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.2% | 20.7% | 7.5% | Cameroon |
| 2010s | 33.6% | 33.6% | 0.1% | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Cameroon or Equatorial Guinea?
- Equatorial Guinea, at 53.0% against 38.9% in Cameroon as of 2019.
- What is the difference in paying taxes: profit tax between Cameroon and Equatorial Guinea?
- 14.1%, with Equatorial Guinea ahead.
- How many years of comparable data are there for Cameroon and Equatorial Guinea?
- 15 years are reported by both, from 2005 to 2019.
- How do Cameroon and Equatorial Guinea rank globally for paying taxes: profit tax?
- Cameroon ranks 3rd and Equatorial Guinea ranks 2nd 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.