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
0102030200520122019

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.

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Hong Kong, China vs Lao People's Democratic Republic: Paying taxes: Profit tax. Statizoid. Retrieved 17 September 2026, from https://reference.statizoid.com/compare/paying-taxes-profit-tax-percent-of-profits/hong-kong-sar-china/lao-pdr/

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About this data

Indicator
Paying taxes: Profit tax (% of profits)
Unit
% of profits
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 2,789 data points, 2005–2019
Last refreshed

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.