Equatorial Guinea vs Palau: Paying taxes: Profit tax
Equatorial Guinea
53.0%
in 2019
Palau
65.8%
in 2019
Equatorial Guinea rank
2nd
Palau rank
1st
Paying taxes: Profit tax over time
- Equatorial Guinea
- Palau
How they compare
Palau currently reports 65.8% against 53.0% in Equatorial Guinea, a difference of 12.8%.
That makes Palau's figure about 1.2 times Equatorial Guinea's.
Across all 15 years both countries report, Palau has been ahead every year.
Equatorial Guinea ranks 2nd and Palau ranks 1st of 190 countries.
Palau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Equatorial Guinea | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.7% | 65.9% | 45.2% | Palau |
| 2010s | 33.6% | 65.8% | 32.2% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Equatorial Guinea or Palau?
- Palau, at 65.8% against 53.0% in Equatorial Guinea as of 2019.
- What is the difference in paying taxes: profit tax between Equatorial Guinea and Palau?
- 12.8%, with Palau ahead.
- How many years of comparable data are there for Equatorial Guinea and Palau?
- 15 years are reported by both, from 2005 to 2019.
- How do Equatorial Guinea and Palau rank globally for paying taxes: profit tax?
- Equatorial Guinea ranks 2nd and Palau ranks 1st 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.