Paying taxes: Profit tax in South Africa
South Africa: Paying taxes: Profit tax was 21.8% in 2019. ▼ Falling
Paying taxes: Profit tax in South Africa, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: profit tax in South Africa is 21.8%, measured in 2019.
Compared with earlier readings it is down 12.4% over ten years.
Over the whole period, paying taxes: profit tax in South Africa peaked at 24.9% in 2009 and was at its lowest, 21.4%, in 2013.
That places South Africa 48th out of 190 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Profit tax in South Africa, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 24.4% | — |
| 2006 | 23.7% | -2.9% |
| 2007 | 24.0% | +1.3% |
| 2008 | 24.4% | +1.7% |
| 2009 | 24.9% | +2.0% |
| 2010 | 24.8% | -0.4% |
| 2011 | 24.0% | -3.2% |
| 2012 | 23.9% | -0.4% |
| 2013 | 21.4% | -10.5% |
| 2014 | 21.7% | +1.4% |
| 2015 | 21.7% | +0.0% |
| 2016 | 21.7% | +0.0% |
| 2017 | 21.7% | +0.0% |
| 2018 | 21.8% | +0.5% |
| 2019 | 21.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.3% | 23.7% | 24.9% | 5 |
| 2010s | 22.4% | 21.4% | 24.8% | 10 |
Countries ranked near South Africa
More reference data data for South Africa
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 8.71 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.63 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.7468 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.63 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.71 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.49 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 41.1 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 63.65 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 4.07 (2050)
Frequently asked questions
- What is paying taxes: profit tax in South Africa?
- Paying taxes: profit tax in South Africa was 21.8% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in South Africa?
- The highest recorded value was 24.9% in 2009.
- What is the lowest paying taxes: profit tax recorded in South Africa?
- The lowest recorded value was 21.4% in 2013.
- How does South Africa rank for paying taxes: profit tax?
- South Africa ranks 48th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in South Africa?
- Over the last ten years it is down 12.4%. The long-run trend across the full record is falling.
- Where does this South Africa 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.