Namibia vs Singapore: Paying taxes: Total tax and contribution rate
Paying taxes: Total tax and contribution rate over time
- Namibia
- Singapore
How they compare
Singapore currently reports 21.0% against 20.7% in Namibia, a difference of 0.3%.
The two have swapped places 4 times across 15 shared years of data; in 2005 it was Singapore ahead.
Namibia ranks 171st and Singapore ranks 170th of 190 countries.
Namibia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Namibia | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.5% | 23.7% | 0.8% | Namibia |
| 2010s | 21.2% | 20.3% | 0.9% | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: total tax and contribution rate, Namibia or Singapore?
- Singapore, at 21.0% against 20.7% in Namibia as of 2019.
- What is the difference in paying taxes: total tax and contribution rate between Namibia and Singapore?
- 0.3%, with Singapore ahead.
- How many years of comparable data are there for Namibia and Singapore?
- 15 years are reported by both, from 2005 to 2019.
- How do Namibia and Singapore rank globally for paying taxes: total tax and contribution rate?
- Namibia ranks 171st and Singapore ranks 170th 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.
Individual pages
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.