Paying taxes: Labor tax and contributions in Viet Nam
Viet Nam: Paying taxes: Labor tax and contributions was 24.3% in 2019. ▲ Rising
Paying taxes: Labor tax and contributions in Viet Nam, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: labor tax and contributions in Viet Nam stood at 24.3%.
The figure is down 0.8% on the previous year and up 26.6% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Viet Nam peaked at 24.8% in 2015 and was at its lowest, 19.2%, in 2005.
That places Viet Nam 42nd out of 190 countries with data for 2019, putting it 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 Viet Nam, 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 | 20.3% | +5.7% |
| 2011 | 22.6% | +11.3% |
| 2012 | 22.6% | +0.0% |
| 2013 | 23.7% | +4.9% |
| 2014 | 23.7% | +0.0% |
| 2015 | 24.8% | +4.6% |
| 2016 | 24.8% | +0.0% |
| 2017 | 24.8% | +0.0% |
| 2018 | 24.5% | -1.2% |
| 2019 | 24.3% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.2% | 19.2% | 19.2% | 5 |
| 2010s | 23.6% | 20.3% | 24.8% | 10 |
Countries ranked near Viet Nam
More reference data data for Viet Nam
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.68 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.24 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 16.73 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 16.73 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 12.35 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 18.98 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 23.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 93.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 10.27 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Viet Nam?
- Paying taxes: labor tax and contributions in Viet Nam was 24.3% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Viet Nam?
- The highest recorded value was 24.8% in 2015.
- What is the lowest paying taxes: labor tax and contributions recorded in Viet Nam?
- The lowest recorded value was 19.2% in 2005.
- How does Viet Nam rank for paying taxes: labor tax and contributions?
- Viet Nam ranks 42nd out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Viet Nam?
- Over the last ten years it is up 26.6%. The long-run trend across the full record is rising.
- Where does this Viet Nam 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.