Paying taxes: Labor tax and contributions in Guinea
Guinea: Paying taxes: Labor tax and contributions was 28.6% in 2019. ▲ Rising
Paying taxes: Labor tax and contributions in Guinea, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Guinea recorded 28.6% for paying taxes: labor tax and contributions in 2019.
The figure is up 65.3% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Guinea peaked at 28.8% in 2011 and was at its lowest, 17.3%, in 2005.
That places Guinea 23rd out of 190 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Labor tax and contributions in Guinea, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 17.3% | — |
| 2006 | 17.3% | +0.0% |
| 2007 | 17.3% | +0.0% |
| 2008 | 17.3% | +0.0% |
| 2009 | 17.3% | +0.0% |
| 2010 | 24.4% | +41.0% |
| 2011 | 28.8% | +18.0% |
| 2012 | 28.7% | -0.3% |
| 2013 | 28.6% | -0.3% |
| 2014 | 28.6% | +0.0% |
| 2015 | 28.6% | +0.0% |
| 2016 | 28.6% | +0.0% |
| 2017 | 28.6% | +0.0% |
| 2018 | 28.6% | +0.0% |
| 2019 | 28.6% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.3% | 17.3% | 17.3% | 5 |
| 2010s | 28.2% | 24.4% | 28.8% | 10 |
Countries ranked near Guinea
- 20 San Marino 30.9% compare
- 21 Argentina 29.9% compare
- 21 Republic of Moldova 29.9% compare
- 24 Tajikistan 28.5% compare
- 25 Chad 28.4% compare
- 26 Greece 28.3% compare
More reference data data for Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.56 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2883 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.05 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3722 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2242 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.37 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.57 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Guinea?
- Paying taxes: labor tax and contributions in Guinea was 28.6% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Guinea?
- The highest recorded value was 28.8% in 2011.
- What is the lowest paying taxes: labor tax and contributions recorded in Guinea?
- The lowest recorded value was 17.3% in 2005.
- How does Guinea rank for paying taxes: labor tax and contributions?
- Guinea ranks 23rd out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Guinea?
- Over the last ten years it is up 65.3%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from the World Bank, published as part of Paying taxes: Labor tax and contributions (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.