Paying taxes: Profit tax in Australia
Australia: Paying taxes: Profit tax was 26.1% in 2019. ▬ Flat
Latest (2019)
26.1%
Change on year
up 0.4%
World rank
24th
of 190 countries
All-time high
27.4%
in 2008
All-time low
25.9%
in 2009
Years of data
15
2005–2019
Paying taxes: Profit tax in Australia, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Australia stood at 26.1%.
The figure is up 0.4% on the previous year and up 0.8% over ten years.
Over the whole period, paying taxes: profit tax in Australia peaked at 27.4% in 2008 and was at its lowest, 25.9%, in 2009.
Australia ranks 24th of 190 countries on this measure, in the top quarter.
Paying taxes: Profit tax in Australia, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 26.3% | — |
| 2006 | 26.7% | +1.5% |
| 2007 | 27.2% | +1.9% |
| 2008 | 27.4% | +0.7% |
| 2009 | 25.9% | -5.5% |
| 2010 | 26.0% | +0.4% |
| 2011 | 26.1% | +0.4% |
| 2012 | 26.1% | +0.0% |
| 2013 | 26.1% | +0.0% |
| 2014 | 26.1% | +0.0% |
| 2015 | 26.0% | -0.4% |
| 2016 | 26.0% | +0.0% |
| 2017 | 26.0% | +0.0% |
| 2018 | 26.0% | +0.0% |
| 2019 | 26.1% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.7% | 25.9% | 27.4% | 5 |
| 2010s | 26.1% | 26.0% | 26.1% | 10 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Australia?
- Paying taxes: profit tax in Australia was 26.1% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Australia?
- The highest recorded value was 27.4% in 2008.
- What is the lowest paying taxes: profit tax recorded in Australia?
- The lowest recorded value was 25.9% in 2009.
- How does Australia rank for paying taxes: profit tax?
- Australia ranks 24th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Australia?
- Over the last ten years it is up 0.8%. The long-run trend across the full record is flat.
- Where does this Australia data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% 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 profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.