Paying taxes: Profit tax in Dominica
Dominica: Paying taxes: Profit tax was 21.8% in 2019. ▼ Falling
Paying taxes: Profit tax in Dominica, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: profit tax in Dominica is 21.8%, measured in 2019. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 15.8% over ten years.
Over the whole period, paying taxes: profit tax in Dominica peaked at 26.1% in 2013 and was at its lowest, 21.8%, in 2017.
Dominica ranks 48th of 190 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Profit tax in Dominica, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 25.9% | — |
| 2006 | 25.9% | +0.0% |
| 2007 | 25.9% | +0.0% |
| 2008 | 25.9% | +0.0% |
| 2009 | 25.9% | +0.0% |
| 2010 | 25.9% | +0.0% |
| 2011 | 26.0% | +0.4% |
| 2012 | 26.0% | +0.0% |
| 2013 | 26.1% | +0.4% |
| 2014 | 26.1% | +0.0% |
| 2015 | 26.1% | +0.0% |
| 2016 | 24.4% | -6.5% |
| 2017 | 21.8% | -10.7% |
| 2018 | 21.8% | +0.0% |
| 2019 | 21.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.9% | 25.9% | 25.9% | 5 |
| 2010s | 24.6% | 21.8% | 26.1% | 10 |
Countries ranked near Dominica
More reference data data for Dominica
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0047 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0067 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0139 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0139 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0158 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0051 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0344 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0653 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Dominica?
- Paying taxes: profit tax in Dominica was 21.8% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Dominica?
- The highest recorded value was 26.1% in 2013.
- What is the lowest paying taxes: profit tax recorded in Dominica?
- The lowest recorded value was 21.8% in 2017.
- How does Dominica rank for paying taxes: profit tax?
- Dominica ranks 48th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Dominica?
- Over the last ten years it is down 15.8%. The long-run trend across the full record is falling.
- Where does this Dominica 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.