Dominican Republic vs Saint Vincent and the Grenadines: Paying taxes: Profit tax
Dominican Republic
29.1%
in 2019
Saint Vincent and the Grenadines
27.6%
in 2019
Dominican Republic rank
16th
Saint Vincent and the Grenadines rank
19th
Paying taxes: Profit tax over time
- Dominican Republic
- Saint Vincent and the Grenadines
How they compare
Dominican Republic currently reports 29.1% against 27.6% in Saint Vincent and the Grenadines, a difference of 1.5%.
That makes Dominican Republic's figure about 1.1 times Saint Vincent and the Grenadines's.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Saint Vincent and the Grenadines ahead.
Dominican Republic ranks 16th and Saint Vincent and the Grenadines ranks 19th of 190 countries.
Saint Vincent and the Grenadines has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Dominican Republic | Saint Vincent and the Grenadines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.9% | 36.1% | 12.2% | Saint Vincent and the Grenadines |
| 2010s | 24.7% | 29.8% | 5.1% | Saint Vincent and the Grenadines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Dominican Republic or Saint Vincent and the Grenadines?
- Dominican Republic, at 29.1% against 27.6% in Saint Vincent and the Grenadines as of 2019.
- What is the difference in paying taxes: profit tax between Dominican Republic and Saint Vincent and the Grenadines?
- 1.5%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Saint Vincent and the Grenadines?
- 15 years are reported by both, from 2005 to 2019.
- How do Dominican Republic and Saint Vincent and the Grenadines rank globally for paying taxes: profit tax?
- Dominican Republic ranks 16th and Saint Vincent and the Grenadines ranks 19th 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.