Saudi Arabia vs Singapore: Paying taxes: Profit tax
Saudi Arabia
2.2%
in 2019
Singapore
2.1%
in 2019
Saudi Arabia rank
170th
Singapore rank
171st
Paying taxes: Profit tax over time
- Saudi Arabia
- Singapore
How they compare
Saudi Arabia currently reports 2.2% against 2.1% in Singapore, a difference of 0.1%.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Singapore ahead.
Saudi Arabia ranks 170th and Singapore ranks 171st of 190 countries.
Singapore has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Saudi Arabia | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.3% | 7.7% | 5.4% | Singapore |
| 2010s | 2.2% | 2.6% | 0.4% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Saudi Arabia or Singapore?
- Saudi Arabia, at 2.2% against 2.1% in Singapore as of 2019.
- What is the difference in paying taxes: profit tax between Saudi Arabia and Singapore?
- 0.1%, with Saudi Arabia ahead.
- How many years of comparable data are there for Saudi Arabia and Singapore?
- 15 years are reported by both, from 2005 to 2019.
- How do Saudi Arabia and Singapore rank globally for paying taxes: profit tax?
- Saudi Arabia ranks 170th and Singapore ranks 171st 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.