Iceland vs Slovakia: Paying taxes: Profit tax
Iceland
8.5%
in 2019
Slovakia
9.1%
in 2019
Iceland rank
149th
Slovakia rank
147th
Paying taxes: Profit tax over time
- Iceland
- Slovakia
How they compare
Slovakia currently reports 9.1% against 8.5% in Iceland, a difference of 0.6%.
That makes Slovakia's figure about 1.1 times Iceland's.
The two have swapped places 3 times across 15 shared years of data; in 2005 it was Iceland ahead.
Iceland ranks 149th and Slovakia ranks 147th of 190 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and Slovakia in 1.
Head to head by decade
| Decade | Iceland | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.3% | 7.7% | 0.6% | Iceland |
| 2010s | 8.5% | 8.7% | 0.2% | Slovakia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Iceland or Slovakia?
- Slovakia, at 9.1% against 8.5% in Iceland as of 2019.
- What is the difference in paying taxes: profit tax between Iceland and Slovakia?
- 0.6%, with Slovakia ahead.
- How many years of comparable data are there for Iceland and Slovakia?
- 15 years are reported by both, from 2005 to 2019.
- How do Iceland and Slovakia rank globally for paying taxes: profit tax?
- Iceland ranks 149th and Slovakia ranks 147th 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.