Paying taxes: Profit tax in Mongolia
Mongolia: Paying taxes: Profit tax was 10.2% in 2019. ▼ Falling
Paying taxes: Profit tax in Mongolia, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: profit tax in Mongolia is 10.2%, measured in 2019.
That represents a change of down 1.0% on the previous year and up 2.0% over ten years.
Over the whole period, paying taxes: profit tax in Mongolia peaked at 15.3% in 2005 and was at its lowest, 9.2%, in 2008.
Mongolia ranks 136th of 190 countries on this measure, 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 Mongolia, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 15.3% | — |
| 2006 | 15.3% | +0.0% |
| 2007 | 15.3% | +0.0% |
| 2008 | 9.2% | -39.9% |
| 2009 | 10.0% | +8.7% |
| 2010 | 11.5% | +15.0% |
| 2011 | 10.3% | -10.4% |
| 2012 | 10.5% | +1.9% |
| 2013 | 10.5% | +0.0% |
| 2014 | 10.3% | -1.9% |
| 2015 | 10.3% | +0.0% |
| 2016 | 10.3% | +0.0% |
| 2017 | 10.3% | +0.0% |
| 2018 | 10.3% | +0.0% |
| 2019 | 10.2% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.0% | 9.2% | 15.3% | 5 |
| 2010s | 10.4% | 10.2% | 11.5% | 10 |
Countries ranked near Mongolia
More reference data data for Mongolia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.8173 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.37 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.25 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0069 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.25 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.74 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.16 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 12.74 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 18.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0378 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Mongolia?
- Paying taxes: profit tax in Mongolia was 10.2% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Mongolia?
- The highest recorded value was 15.3% in 2005.
- What is the lowest paying taxes: profit tax recorded in Mongolia?
- The lowest recorded value was 9.2% in 2008.
- How does Mongolia rank for paying taxes: profit tax?
- Mongolia ranks 136th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Mongolia?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is falling.
- Where does this Mongolia 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.