Paying taxes: Profit tax in Liberia
Liberia: Paying taxes: Profit tax was 35.4% in 2019. ◆ Volatile
Paying taxes: Profit tax in Liberia, 2006–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Liberia stood at 35.4%. That is the highest value across all 14 years on record.
The figure is up 63.9% over five years.
Over the whole period, paying taxes: profit tax in Liberia peaked at 35.4% in 2015 and was at its lowest, 0.0%, in 2006.
That places Liberia 4th out of 190 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Paying taxes: Profit tax in Liberia, year by year
| Year | % of profits | Change |
|---|---|---|
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 17.6% | — |
| 2013 | 17.0% | -3.4% |
| 2014 | 21.6% | +27.1% |
| 2015 | 35.4% | +63.9% |
| 2016 | 35.4% | +0.0% |
| 2017 | 35.4% | +0.0% |
| 2018 | 35.4% | +0.0% |
| 2019 | 35.4% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0% | 0.0% | 0.0% | 4 |
| 2010s | 23.3% | 0.0% | 35.4% | 10 |
Countries ranked near Liberia
More reference data data for Liberia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0476 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1282 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.229 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0532 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.229 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1597 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.183 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.5564 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.2 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2896 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Liberia?
- Paying taxes: profit tax in Liberia was 35.4% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Liberia?
- The highest recorded value was 35.4% in 2015.
- What is the lowest paying taxes: profit tax recorded in Liberia?
- The lowest recorded value was 0.0% in 2006.
- How does Liberia rank for paying taxes: profit tax?
- Liberia ranks 4th out of 190 countries with data for 2019.
- Where does this Liberia 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 — 14 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.