Paying taxes: Profit tax in Equatorial Guinea
Equatorial Guinea: Paying taxes: Profit tax was 53.0% in 2019. ▲ Rising
Paying taxes: Profit tax in Equatorial Guinea, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Equatorial Guinea recorded 53.0% for paying taxes: profit tax in 2019. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 156.0% over ten years.
Over the whole period, paying taxes: profit tax in Equatorial Guinea peaked at 53.0% in 2016 and was at its lowest, 20.7%, in 2005.
Equatorial Guinea ranks 2nd of 190 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Profit tax in Equatorial Guinea, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 20.7% | — |
| 2006 | 20.7% | +0.0% |
| 2007 | 20.7% | +0.0% |
| 2008 | 20.7% | +0.0% |
| 2009 | 20.7% | +0.0% |
| 2010 | 20.7% | +0.0% |
| 2011 | 20.7% | +0.0% |
| 2012 | 20.7% | +0.0% |
| 2013 | 20.7% | +0.0% |
| 2014 | 20.7% | +0.0% |
| 2015 | 20.7% | +0.0% |
| 2016 | 53.0% | +156.0% |
| 2017 | 53.0% | +0.0% |
| 2018 | 53.0% | +0.0% |
| 2019 | 53.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.7% | 20.7% | 20.7% | 5 |
| 2010s | 33.6% | 20.7% | 53.0% | 10 |
Countries ranked near Equatorial Guinea
More reference data data for Equatorial Guinea
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0083 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 8.36 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 13.67 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 9.48 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 8.36 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 13.67 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1.11 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 10.65 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 25.26 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0246 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Equatorial Guinea?
- Paying taxes: profit tax in Equatorial Guinea was 53.0% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Equatorial Guinea?
- The highest recorded value was 53.0% in 2016.
- What is the lowest paying taxes: profit tax recorded in Equatorial Guinea?
- The lowest recorded value was 20.7% in 2005.
- How does Equatorial Guinea rank for paying taxes: profit tax?
- Equatorial Guinea ranks 2nd out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Equatorial Guinea?
- Over the last ten years it is up 156.0%. The long-run trend across the full record is rising.
- Where does this Equatorial Guinea 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.