Paying taxes: Labor tax and contributions in Micronesia, Federated States of
Micronesia, Federated States of: Paying taxes: Labor tax and contributions was 8.5% in 2019. ▲ Rising
Paying taxes: Labor tax and contributions in Micronesia, Federated States of, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: labor tax and contributions in Micronesia, Federated States of stood at 8.5%. That is the highest value across all 15 years on record.
That represents a change of up 25.0% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Micronesia, Federated States of peaked at 8.5% in 2014 and was at its lowest, 6.8%, in 2005.
That places Micronesia, Federated States of 141st out of 190 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Labor tax and contributions in Micronesia, Federated States of, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 6.8% | — |
| 2006 | 6.8% | +0.0% |
| 2007 | 6.8% | +0.0% |
| 2008 | 6.8% | +0.0% |
| 2009 | 6.8% | +0.0% |
| 2010 | 6.8% | +0.0% |
| 2011 | 7.0% | +2.9% |
| 2012 | 7.9% | +12.9% |
| 2013 | 7.9% | +0.0% |
| 2014 | 8.5% | +7.6% |
| 2015 | 8.5% | +0.0% |
| 2016 | 8.5% | +0.0% |
| 2017 | 8.5% | +0.0% |
| 2018 | 8.5% | +0.0% |
| 2019 | 8.5% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.8% | 6.8% | 6.8% | 5 |
| 2010s | 8.1% | 6.8% | 8.5% | 10 |
Countries ranked near Micronesia, Federated States of
More reference data data for Micronesia, Federated States of
- Emission Totals - Emissions (CH4) - Burning - Crop residues 0.0003 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 16.58 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 0.0232 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 20.76 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0.0018 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 1.05 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 3.01 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 1.94 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 16.58 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 0.0074 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Micronesia, Federated States of?
- Paying taxes: labor tax and contributions in Micronesia, Federated States of was 8.5% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Micronesia, Federated States of?
- The highest recorded value was 8.5% in 2014.
- What is the lowest paying taxes: labor tax and contributions recorded in Micronesia, Federated States of?
- The lowest recorded value was 6.8% in 2005.
- How does Micronesia, Federated States of rank for paying taxes: labor tax and contributions?
- Micronesia, Federated States of ranks 141st out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 25.0%. The long-run trend across the full record is rising.
- Where does this Micronesia, Federated States of 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.