Hong Kong, China vs Namibia: Paying taxes: Total tax and contribution rate
Paying taxes: Total tax and contribution rate over time
- Hong Kong, China
- Namibia
How they compare
Hong Kong, China currently reports 21.9% against 20.7% in Namibia, a difference of 1.2%.
That makes Hong Kong, China's figure about 1.1 times Namibia's.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Namibia ahead.
Hong Kong, China ranks 169th and Namibia ranks 171st of 190 countries.
Across the 2 decades both report, Hong Kong, China averaged higher in 1 and Namibia in 1.
Head to head by decade
| Decade | Hong Kong, China | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.9% | 24.5% | 0.6% | Namibia |
| 2010s | 22.8% | 21.2% | 1.6% | Hong Kong, China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: total tax and contribution rate, Hong Kong, China or Namibia?
- Hong Kong, China, at 21.9% against 20.7% in Namibia as of 2019.
- What is the difference in paying taxes: total tax and contribution rate between Hong Kong, China and Namibia?
- 1.2%, with Hong Kong, China ahead.
- How many years of comparable data are there for Hong Kong, China and Namibia?
- 15 years are reported by both, from 2005 to 2019.
- How do Hong Kong, China and Namibia rank globally for paying taxes: total tax and contribution rate?
- Hong Kong, China ranks 169th and Namibia ranks 171st of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Total tax and contribution rate (% of profit). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The total tax and contribution rate measures the amount of taxes and mandatory contributions borne by the business in the second year of operation, expressed as a share of commercial pro?t. The total amount of taxes and contributions borne is the sum of all the different taxes and contributions payable after accounting for allowable deductions and exemptions. The taxes withheld (such as personal income tax) or collected by the company and remitted to the tax authorities (such as VAT, sales tax or goods and service tax) but not borne by the company are excluded.