Mongolia vs Paraguay: Paying taxes: Profit tax
Mongolia
10.2%
in 2019
Paraguay
9.6%
in 2019
Mongolia rank
136th
Paraguay rank
139th
Paying taxes: Profit tax over time
- Mongolia
- Paraguay
How they compare
Mongolia currently reports 10.2% against 9.6% in Paraguay, a difference of 0.6%.
That makes Mongolia's figure about 1.1 times Paraguay's.
The two have swapped places 3 times across 15 shared years of data; in 2005 it was Paraguay ahead.
Mongolia ranks 136th and Paraguay ranks 139th of 190 countries.
Across the 2 decades both report, Mongolia averaged higher in 1 and Paraguay in 1.
Head to head by decade
| Decade | Mongolia | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.0% | 15.5% | 2.5% | Paraguay |
| 2010s | 10.4% | 9.6% | 0.8% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Mongolia or Paraguay?
- Mongolia, at 10.2% against 9.6% in Paraguay as of 2019.
- What is the difference in paying taxes: profit tax between Mongolia and Paraguay?
- 0.6%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Paraguay?
- 15 years are reported by both, from 2005 to 2019.
- How do Mongolia and Paraguay rank globally for paying taxes: profit tax?
- Mongolia ranks 136th and Paraguay ranks 139th 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.