Hong Kong vs United Kingdom: Paying taxes: Profit tax
Hong Kong
16.5%
in 2019
United Kingdom
16.6%
in 2019
Hong Kong rank
94th
United Kingdom rank
91st
Paying taxes: Profit tax over time
- Hong Kong
- United Kingdom
How they compare
United Kingdom currently reports 16.6% against 16.5% in Hong Kong, a difference of 0.1%.
The two have swapped places 2 times across 15 shared years of data; in 2005 it was United Kingdom ahead.
Hong Kong ranks 94th and United Kingdom ranks 91st of 190 countries.
United Kingdom has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hong Kong | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.5% | 21.8% | 3.4% | United Kingdom |
| 2010s | 17.4% | 20.1% | 2.7% | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Hong Kong or United Kingdom?
- United Kingdom, at 16.6% against 16.5% in Hong Kong as of 2019.
- What is the difference in paying taxes: profit tax between Hong Kong and United Kingdom?
- 0.1%, with United Kingdom ahead.
- How many years of comparable data are there for Hong Kong and United Kingdom?
- 15 years are reported by both, from 2005 to 2019.
- How do Hong Kong and United Kingdom rank globally for paying taxes: profit tax?
- Hong Kong ranks 94th and United Kingdom 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.