Paying taxes: Profit tax in Guyana
Guyana: Paying taxes: Profit tax was 19.6% in 2019. ▼ Falling
Paying taxes: Profit tax in Guyana, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Guyana stood at 19.6%. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 28.7% over ten years.
Over the whole period, paying taxes: profit tax in Guyana peaked at 27.6% in 2005 and was at its lowest, 19.6%, in 2018.
That places Guyana 69th out of 190 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Profit tax in Guyana, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 27.6% | — |
| 2006 | 27.6% | +0.0% |
| 2007 | 27.6% | +0.0% |
| 2008 | 27.6% | +0.0% |
| 2009 | 27.5% | -0.4% |
| 2010 | 27.5% | +0.0% |
| 2011 | 24.5% | -10.9% |
| 2012 | 24.5% | +0.0% |
| 2013 | 21.4% | -12.7% |
| 2014 | 21.3% | -0.5% |
| 2015 | 21.3% | +0.0% |
| 2016 | 21.3% | +0.0% |
| 2017 | 21.3% | +0.0% |
| 2018 | 19.6% | -8.0% |
| 2019 | 19.6% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.6% | 27.5% | 27.6% | 5 |
| 2010s | 22.2% | 19.6% | 27.5% | 10 |
Countries ranked near Guyana
More reference data data for Guyana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0396 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0791 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.2193 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0297 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.2193 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1326 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0457 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.4179 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1619 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Guyana?
- Paying taxes: profit tax in Guyana was 19.6% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Guyana?
- The highest recorded value was 27.6% in 2005.
- What is the lowest paying taxes: profit tax recorded in Guyana?
- The lowest recorded value was 19.6% in 2018.
- How does Guyana rank for paying taxes: profit tax?
- Guyana ranks 69th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Guyana?
- Over the last ten years it is down 28.7%. The long-run trend across the full record is falling.
- Where does this Guyana 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.