Paying taxes: Labor tax and contributions in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Paying taxes: Labor tax and contributions was 6.2% in 2019. ▲ Rising
Paying taxes: Labor tax and contributions in Saint Vincent and the Grenadines, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: labor tax and contributions in Saint Vincent and the Grenadines stood at 6.2%. That is the highest value across all 15 years on record.
The figure is up 21.6% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Saint Vincent and the Grenadines peaked at 6.2% in 2015 and was at its lowest, 3.9%, in 2005.
That places Saint Vincent and the Grenadines 154th 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 Saint Vincent and the Grenadines, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 3.9% | — |
| 2006 | 3.9% | +0.0% |
| 2007 | 3.9% | +0.0% |
| 2008 | 3.9% | +0.0% |
| 2009 | 5.1% | +30.8% |
| 2010 | 5.1% | +0.0% |
| 2011 | 5.1% | +0.0% |
| 2012 | 5.1% | +0.0% |
| 2013 | 5.1% | +0.0% |
| 2014 | 5.1% | +0.0% |
| 2015 | 6.2% | +21.6% |
| 2016 | 6.2% | +0.0% |
| 2017 | 6.2% | +0.0% |
| 2018 | 6.2% | +0.0% |
| 2019 | 6.2% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | 3.9% | 5.1% | 5 |
| 2010s | 5.7% | 5.1% | 6.2% | 10 |
Countries ranked near Saint Vincent and the Grenadines
More reference data data for Saint Vincent and the Grenadines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0031 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0077 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0077 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0105 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0067 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0208 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0383 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0002 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Saint Vincent and the Grenadines?
- Paying taxes: labor tax and contributions in Saint Vincent and the Grenadines was 6.2% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 6.2% in 2015.
- What is the lowest paying taxes: labor tax and contributions recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 3.9% in 2005.
- How does Saint Vincent and the Grenadines rank for paying taxes: labor tax and contributions?
- Saint Vincent and the Grenadines ranks 154th out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is rising.
- Where does this Saint Vincent and the Grenadines 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.