Paying taxes: Profit tax in Gambia
Gambia: Paying taxes: Profit tax was 24.4% in 2019. ◆ Volatile
Paying taxes: Profit tax in Gambia, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: profit tax in Gambia is 24.4%, measured in 2019. That is the highest value across all 15 years on record.
That represents a change of up 300.0% on the previous year and up 300.0% over ten years.
Over the whole period, paying taxes: profit tax in Gambia peaked at 24.4% in 2019 and was at its lowest, 6.1%, in 2005.
That places Gambia 32nd out of 190 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Paying taxes: Profit tax in Gambia, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 6.1% | — |
| 2006 | 6.1% | +0.0% |
| 2007 | 6.1% | +0.0% |
| 2008 | 6.1% | +0.0% |
| 2009 | 6.1% | +0.0% |
| 2010 | 6.1% | +0.0% |
| 2011 | 6.1% | +0.0% |
| 2012 | 6.1% | +0.0% |
| 2013 | 6.1% | +0.0% |
| 2014 | 6.1% | +0.0% |
| 2015 | 6.1% | +0.0% |
| 2016 | 6.1% | +0.0% |
| 2017 | 6.1% | +0.0% |
| 2018 | 6.1% | +0.0% |
| 2019 | 24.4% | +300.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.1% | 6.1% | 6.1% | 5 |
| 2010s | 7.9% | 6.1% | 24.4% | 10 |
Countries ranked near Gambia
More reference data data for Gambia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0121 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2798 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3524 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3524 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0407 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.36 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.72 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1264 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Gambia?
- Paying taxes: profit tax in Gambia was 24.4% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Gambia?
- The highest recorded value was 24.4% in 2019.
- What is the lowest paying taxes: profit tax recorded in Gambia?
- The lowest recorded value was 6.1% in 2005.
- How does Gambia rank for paying taxes: profit tax?
- Gambia ranks 32nd out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Gambia?
- Over the last ten years it is up 300.0%. The long-run trend across the full record is volatile.
- Where does this Gambia 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.