Paying taxes: Profit tax in Namibia
Namibia: Paying taxes: Profit tax was 16.7% in 2019. ▼ Falling
Paying taxes: Profit tax in Namibia, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Namibia recorded 16.7% for paying taxes: profit tax in 2019. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 8.2% over ten years.
Over the whole period, paying taxes: profit tax in Namibia peaked at 18.9% in 2005 and was at its lowest, 16.7%, in 2016.
That places Namibia 90th 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 Namibia, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 18.9% | — |
| 2006 | 18.9% | +0.0% |
| 2007 | 18.9% | +0.0% |
| 2008 | 18.0% | -4.8% |
| 2009 | 18.2% | +1.1% |
| 2010 | 18.2% | +0.0% |
| 2011 | 17.7% | -2.7% |
| 2012 | 17.7% | +0.0% |
| 2013 | 18.0% | +1.7% |
| 2014 | 17.5% | -2.8% |
| 2015 | 17.2% | -1.7% |
| 2016 | 16.7% | -2.9% |
| 2017 | 16.7% | +0.0% |
| 2018 | 16.7% | +0.0% |
| 2019 | 16.7% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.6% | 18.0% | 18.9% | 5 |
| 2010s | 17.3% | 16.7% | 18.2% | 10 |
Countries ranked near Namibia
- 87 Nicaragua 17.3% compare
- 88 Austria 17.1% compare
- 88 Denmark 17.1% compare
- 91 El Salvador 16.6% compare
- 91 Madagascar 16.6% compare
- 91 United Kingdom 16.6% compare
More reference data data for Namibia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0579 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.52 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0157 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.62 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.194 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1306 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 6.29 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.82 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0853 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Namibia?
- Paying taxes: profit tax in Namibia was 16.7% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Namibia?
- The highest recorded value was 18.9% in 2005.
- What is the lowest paying taxes: profit tax recorded in Namibia?
- The lowest recorded value was 16.7% in 2016.
- How does Namibia rank for paying taxes: profit tax?
- Namibia ranks 90th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Namibia?
- Over the last ten years it is down 8.2%. The long-run trend across the full record is falling.
- Where does this Namibia 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.