Sri Lanka vs Zambia: Paying taxes: Profit tax
Sri Lanka
1.2%
in 2019
Zambia
2.0%
in 2019
Sri Lanka rank
173rd
Zambia rank
172nd
Paying taxes: Profit tax over time
- Sri Lanka
- Zambia
How they compare
Zambia currently reports 2.0% against 1.2% in Sri Lanka, a difference of 0.8%.
That makes Zambia's figure about 1.7 times Sri Lanka's.
The two have swapped places 3 times across 15 shared years of data; in 2005 it was Sri Lanka ahead.
Sri Lanka ranks 173rd and Zambia ranks 172nd of 190 countries.
Sri Lanka has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Sri Lanka | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.1% | 2.3% | 23.9% | Sri Lanka |
| 2010s | 6.0% | 2.0% | 4.0% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Sri Lanka or Zambia?
- Zambia, at 2.0% against 1.2% in Sri Lanka as of 2019.
- What is the difference in paying taxes: profit tax between Sri Lanka and Zambia?
- 0.8%, with Zambia ahead.
- How many years of comparable data are there for Sri Lanka and Zambia?
- 15 years are reported by both, from 2005 to 2019.
- How do Sri Lanka and Zambia rank globally for paying taxes: profit tax?
- Sri Lanka ranks 173rd and Zambia ranks 172nd 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.