Saudi Arabia vs Sri Lanka: Paying taxes: Profit tax
Saudi Arabia
2.2%
in 2019
Sri Lanka
1.2%
in 2019
Saudi Arabia rank
170th
Sri Lanka rank
173rd
Paying taxes: Profit tax over time
- Saudi Arabia
- Sri Lanka
How they compare
Saudi Arabia currently reports 2.2% against 1.2% in Sri Lanka, a difference of 1.0%.
That makes Saudi Arabia's figure about 1.8 times Sri Lanka's.
The two have swapped places 3 times across 15 shared years of data; in 2005 it was Sri Lanka ahead.
Saudi Arabia ranks 170th and Sri Lanka ranks 173rd of 190 countries.
Sri Lanka has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Saudi Arabia | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.3% | 26.1% | 23.9% | Sri Lanka |
| 2010s | 2.2% | 6.0% | 3.8% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Saudi Arabia or Sri Lanka?
- Saudi Arabia, at 2.2% against 1.2% in Sri Lanka as of 2019.
- What is the difference in paying taxes: profit tax between Saudi Arabia and Sri Lanka?
- 1.0%, with Saudi Arabia ahead.
- How many years of comparable data are there for Saudi Arabia and Sri Lanka?
- 15 years are reported by both, from 2005 to 2019.
- How do Saudi Arabia and Sri Lanka rank globally for paying taxes: profit tax?
- Saudi Arabia ranks 170th and Sri Lanka ranks 173rd 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.