Paying taxes: Profit tax in Nicaragua
Nicaragua: Paying taxes: Profit tax was 17.3% in 2019. ▼ Falling
Paying taxes: Profit tax in Nicaragua, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: profit tax in Nicaragua is 17.3%, measured in 2019. That is the lowest value across all 15 years on record.
That represents a change of down 26.4% over ten years.
Over the whole period, paying taxes: profit tax in Nicaragua peaked at 25.0% in 2010 and was at its lowest, 17.3%, in 2018.
Nicaragua ranks 87th 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 Nicaragua, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 23.7% | — |
| 2006 | 23.7% | +0.0% |
| 2007 | 23.7% | +0.0% |
| 2008 | 23.5% | -0.8% |
| 2009 | 23.5% | +0.0% |
| 2010 | 25.0% | +6.4% |
| 2011 | 23.1% | -7.6% |
| 2012 | 21.5% | -6.9% |
| 2013 | 21.5% | +0.0% |
| 2014 | 18.3% | -14.9% |
| 2015 | 18.0% | -1.6% |
| 2016 | 17.6% | -2.2% |
| 2017 | 17.5% | -0.6% |
| 2018 | 17.3% | -1.1% |
| 2019 | 17.3% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.6% | 23.5% | 23.7% | 5 |
| 2010s | 19.7% | 17.3% | 25.0% | 10 |
Countries ranked near Nicaragua
More reference data data for Nicaragua
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.72 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0819 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.76 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4557 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 14.12 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.4457 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Nicaragua?
- Paying taxes: profit tax in Nicaragua was 17.3% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Nicaragua?
- The highest recorded value was 25.0% in 2010.
- What is the lowest paying taxes: profit tax recorded in Nicaragua?
- The lowest recorded value was 17.3% in 2018.
- How does Nicaragua rank for paying taxes: profit tax?
- Nicaragua ranks 87th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Nicaragua?
- Over the last ten years it is down 26.4%. The long-run trend across the full record is falling.
- Where does this Nicaragua 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.