Paying taxes: Labor tax and contributions in Nicaragua
Nicaragua: Paying taxes: Labor tax and contributions was 23.7% in 2019. ▲ Rising
Paying taxes: Labor tax and contributions in Nicaragua, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: labor tax and contributions in Nicaragua is 23.7%, measured in 2019. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 23.4% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Nicaragua peaked at 23.7% in 2018 and was at its lowest, 19.2%, in 2005.
Nicaragua ranks 43rd of 190 countries on this measure, 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 Nicaragua, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 19.2% | — |
| 2006 | 19.2% | +0.0% |
| 2007 | 19.2% | +0.0% |
| 2008 | 19.2% | +0.0% |
| 2009 | 19.2% | +0.0% |
| 2010 | 19.2% | +0.0% |
| 2011 | 20.3% | +5.7% |
| 2012 | 20.3% | +0.0% |
| 2013 | 20.3% | +0.0% |
| 2014 | 20.3% | +0.0% |
| 2015 | 21.4% | +5.4% |
| 2016 | 22.6% | +5.6% |
| 2017 | 23.1% | +2.2% |
| 2018 | 23.7% | +2.6% |
| 2019 | 23.7% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.2% | 19.2% | 19.2% | 5 |
| 2010s | 21.5% | 19.2% | 23.7% | 10 |
Countries ranked near Nicaragua
More reference data data for Nicaragua
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.72 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0819 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.76 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4557 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 14.12 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.4457 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Nicaragua?
- Paying taxes: labor tax and contributions in Nicaragua was 23.7% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Nicaragua?
- The highest recorded value was 23.7% in 2018.
- What is the lowest paying taxes: labor tax and contributions recorded in Nicaragua?
- The lowest recorded value was 19.2% in 2005.
- How does Nicaragua rank for paying taxes: labor tax and contributions?
- Nicaragua ranks 43rd out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Nicaragua?
- Over the last ten years it is up 23.4%. The long-run trend across the full record is rising.
- Where does this Nicaragua 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.