Hong Kong, China vs Lao People's Democratic Republic: Paying taxes: Profit tax
Hong Kong, China
16.5%
in 2019
Lao People's Democratic Republic
16.4%
in 2019
Hong Kong, China rank
94th
Lao People's Democratic Republic rank
95th
Paying taxes: Profit tax over time
- Hong Kong, China
- Lao People's Democratic Republic
How they compare
Hong Kong, China currently reports 16.5% against 16.4% in Lao People's Democratic Republic, a difference of 0.1%.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Lao People's Democratic Republic ahead.
Hong Kong, China ranks 94th and Lao People's Democratic Republic ranks 95th of 190 countries.
Lao People's Democratic Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hong Kong, China | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.5% | 26.4% | 7.9% | Lao People's Democratic Republic |
| 2010s | 17.4% | 19.2% | 1.8% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Hong Kong, China or Lao People's Democratic Republic?
- Hong Kong, China, at 16.5% against 16.4% in Lao People's Democratic Republic as of 2019.
- What is the difference in paying taxes: profit tax between Hong Kong, China and Lao People's Democratic Republic?
- 0.1%, with Hong Kong, China ahead.
- How many years of comparable data are there for Hong Kong, China and Lao People's Democratic Republic?
- 15 years are reported by both, from 2005 to 2019.
- How do Hong Kong, China and Lao People's Democratic Republic rank globally for paying taxes: profit tax?
- Hong Kong, China ranks 94th and Lao People's Democratic Republic ranks 95th 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.