Paying taxes: Labor tax and contributions in Lao People's Democratic Republic
Lao People's Democratic Republic: Paying taxes: Labor tax and contributions was 6.8% in 2019. ▲ Rising
Paying taxes: Labor tax and contributions in Lao People's Democratic Republic, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: labor tax and contributions in Lao People's Democratic Republic stood at 6.8%. That is the highest value across all 15 years on record.
That represents a change of up 21.4% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Lao People's Democratic Republic peaked at 6.8% in 2016 and was at its lowest, 5.6%, in 2005.
That places Lao People's Democratic Republic 149th out of 190 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Labor tax and contributions in Lao People's Democratic Republic, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 5.6% | — |
| 2006 | 5.6% | +0.0% |
| 2007 | 5.6% | +0.0% |
| 2008 | 5.6% | +0.0% |
| 2009 | 5.6% | +0.0% |
| 2010 | 5.6% | +0.0% |
| 2011 | 5.6% | +0.0% |
| 2012 | 5.6% | +0.0% |
| 2013 | 5.6% | +0.0% |
| 2014 | 5.6% | +0.0% |
| 2015 | 5.6% | +0.0% |
| 2016 | 6.8% | +21.4% |
| 2017 | 6.8% | +0.0% |
| 2018 | 6.8% | +0.0% |
| 2019 | 6.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.6% | 5.6% | 5.6% | 5 |
| 2010s | 6.1% | 5.6% | 6.8% | 10 |
Countries ranked near Lao People's Democratic Republic
- 146 Brunei Darussalam 7.9% compare
- 146 Dominica 7.9% compare
- 146 Maldives 7.9% compare
- 149 Sao Tome and Principe 6.8% compare
- 149 Timor-Leste 6.8% compare
- 152 Bahamas 6.4% compare
- 152 Eswatini 6.4% compare
More reference data data for Lao People's Democratic Republic
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6615 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.913 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.88 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3021 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.88 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.22 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.96 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.07 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.95 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.64 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Lao People's Democratic Republic?
- Paying taxes: labor tax and contributions in Lao People's Democratic Republic was 6.8% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Lao People's Democratic Republic?
- The highest recorded value was 6.8% in 2016.
- What is the lowest paying taxes: labor tax and contributions recorded in Lao People's Democratic Republic?
- The lowest recorded value was 5.6% in 2005.
- How does Lao People's Democratic Republic rank for paying taxes: labor tax and contributions?
- Lao People's Democratic Republic ranks 149th out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 21.4%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic 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.
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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.