Paying taxes: Profit tax in Seychelles
Seychelles: Paying taxes: Profit tax was 18.8% in 2019. ▼ Falling
Paying taxes: Profit tax in Seychelles, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Seychelles recorded 18.8% for paying taxes: profit tax in 2019.
Compared with earlier readings it is down 9.6% over ten years.
Over the whole period, paying taxes: profit tax in Seychelles peaked at 23.6% in 2008 and was at its lowest, 17.9%, in 2011.
Seychelles ranks 75th 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 Seychelles, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 22.4% | — |
| 2006 | 22.4% | +0.0% |
| 2007 | 22.4% | +0.0% |
| 2008 | 23.6% | +5.4% |
| 2009 | 20.8% | -11.9% |
| 2010 | 18.9% | -9.1% |
| 2011 | 17.9% | -5.3% |
| 2012 | 21.2% | +18.4% |
| 2013 | 23.5% | +10.8% |
| 2014 | 19.0% | -19.1% |
| 2015 | 18.8% | -1.1% |
| 2016 | 18.8% | +0.0% |
| 2017 | 18.8% | +0.0% |
| 2018 | 18.8% | +0.0% |
| 2019 | 18.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.3% | 20.8% | 23.6% | 5 |
| 2010s | 19.4% | 17.9% | 23.5% | 10 |
Countries ranked near Seychelles
- 72 Sao Tome and Principe 19.4% compare
- 73 Costa Rica 19.2% compare
- 74 Cambodia 19.0% compare
- 76 Sierra Leone 18.5% compare
- 77 Iran, Islamic Republic of 18.4% compare
- 78 Cape Verde 18.3% compare
More reference data data for Seychelles
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0024 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0046 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0075 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0075 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0082 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0082 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0247 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.043 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0348 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 2.17 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Seychelles?
- Paying taxes: profit tax in Seychelles was 18.8% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Seychelles?
- The highest recorded value was 23.6% in 2008.
- What is the lowest paying taxes: profit tax recorded in Seychelles?
- The lowest recorded value was 17.9% in 2011.
- How does Seychelles rank for paying taxes: profit tax?
- Seychelles ranks 75th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Seychelles?
- Over the last ten years it is down 9.6%. The long-run trend across the full record is falling.
- Where does this Seychelles 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.