Paraguay vs Venezuela, Bolivarian Republic of: Paying taxes: Profit tax
Paraguay
9.6%
in 2019
Venezuela, Bolivarian Republic of
9.4%
in 2019
Paraguay rank
139th
Venezuela, Bolivarian Republic of rank
140th
Paying taxes: Profit tax over time
- Paraguay
- Venezuela, Bolivarian Republic of
How they compare
Paraguay currently reports 9.6% against 9.4% in Venezuela, Bolivarian Republic of, a difference of 0.2%.
The two have swapped places 8 times across 15 shared years of data; in 2005 it was Paraguay ahead.
Paraguay ranks 139th and Venezuela, Bolivarian Republic of ranks 140th of 190 countries.
Paraguay has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Paraguay | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.5% | 12.0% | 3.5% | Paraguay |
| 2010s | 9.6% | 9.2% | 0.4% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Paraguay or Venezuela, Bolivarian Republic of?
- Paraguay, at 9.6% against 9.4% in Venezuela, Bolivarian Republic of as of 2019.
- What is the difference in paying taxes: profit tax between Paraguay and Venezuela, Bolivarian Republic of?
- 0.2%, with Paraguay ahead.
- How many years of comparable data are there for Paraguay and Venezuela, Bolivarian Republic of?
- 15 years are reported by both, from 2005 to 2019.
- How do Paraguay and Venezuela, Bolivarian Republic of rank globally for paying taxes: profit tax?
- Paraguay ranks 139th and Venezuela, Bolivarian Republic of ranks 140th 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.