Paying taxes: Labor tax and contributions in Nigeria
Nigeria: Paying taxes: Labor tax and contributions was 13.5% in 2019. ▲ Rising
Paying taxes: Labor tax and contributions in Nigeria, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Nigeria recorded 13.5% for paying taxes: labor tax and contributions in 2019. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 40.6% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Nigeria peaked at 13.5% in 2016 and was at its lowest, 8.4%, in 2005.
Nigeria ranks 97th of 190 countries on this measure, 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 Nigeria, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 8.4% | — |
| 2006 | 9.6% | +14.3% |
| 2007 | 9.6% | +0.0% |
| 2008 | 9.6% | +0.0% |
| 2009 | 9.6% | +0.0% |
| 2010 | 9.6% | +0.0% |
| 2011 | 9.6% | +0.0% |
| 2012 | 10.2% | +6.2% |
| 2013 | 10.7% | +4.9% |
| 2014 | 10.7% | +0.0% |
| 2015 | 12.1% | +13.1% |
| 2016 | 13.5% | +11.6% |
| 2017 | 13.5% | +0.0% |
| 2018 | 13.5% | +0.0% |
| 2019 | 13.5% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.4% | 8.4% | 9.6% | 5 |
| 2010s | 11.7% | 9.6% | 13.5% | 10 |
Countries ranked near Nigeria
- 94 Ecuador 13.7% compare
- 94 Republic of Korea 13.7% compare
- 96 Bosnia and Herzegovina 13.6% compare
- 97 Bahrain 13.5% compare
- 97 Iraq 13.5% compare
- 97 Mongolia 13.5% compare
- 97 Saudi Arabia 13.5% compare
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Nigeria?
- Paying taxes: labor tax and contributions in Nigeria was 13.5% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Nigeria?
- The highest recorded value was 13.5% in 2016.
- What is the lowest paying taxes: labor tax and contributions recorded in Nigeria?
- The lowest recorded value was 8.4% in 2005.
- How does Nigeria rank for paying taxes: labor tax and contributions?
- Nigeria ranks 97th out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Nigeria?
- Over the last ten years it is up 40.6%. The long-run trend across the full record is rising.
- Where does this Nigeria 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.