Hong Kong, China vs Madagascar: Paying taxes: Profit tax
Hong Kong, China
16.5%
in 2019
Madagascar
16.6%
in 2019
Hong Kong, China rank
94th
Madagascar rank
91st
Paying taxes: Profit tax over time
- Hong Kong, China
- Madagascar
How they compare
Madagascar currently reports 16.6% against 16.5% in Hong Kong, China, a difference of 0.1%.
The two have swapped places 2 times across 15 shared years of data; in 2005 it was Madagascar ahead.
Hong Kong, China ranks 94th and Madagascar ranks 91st of 190 countries.
Across the 2 decades both report, Hong Kong, China averaged higher in 1 and Madagascar in 1.
Head to head by decade
| Decade | Hong Kong, China | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.5% | 22.1% | 3.6% | Madagascar |
| 2010s | 17.4% | 17.2% | 0.3% | Hong Kong, China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Hong Kong, China or Madagascar?
- Madagascar, at 16.6% against 16.5% in Hong Kong, China as of 2019.
- What is the difference in paying taxes: profit tax between Hong Kong, China and Madagascar?
- 0.1%, with Madagascar ahead.
- How many years of comparable data are there for Hong Kong, China and Madagascar?
- 15 years are reported by both, from 2005 to 2019.
- How do Hong Kong, China and Madagascar rank globally for paying taxes: profit tax?
- Hong Kong, China ranks 94th and Madagascar ranks 91st 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.