Paying taxes: Profit tax in Saint Kitts and Nevis
Saint Kitts and Nevis: Paying taxes: Profit tax was 30.5% in 2019. ▼ Falling
Paying taxes: Profit tax in Saint Kitts and Nevis, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Saint Kitts and Nevis stood at 30.5%. That is the lowest value across all 15 years on record.
The figure is down 7.0% over ten years.
Over the whole period, paying taxes: profit tax in Saint Kitts and Nevis peaked at 32.8% in 2005 and was at its lowest, 30.5%, in 2014.
Saint Kitts and Nevis ranks 11th of 190 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Profit tax in Saint Kitts and Nevis, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 32.8% | — |
| 2006 | 32.8% | +0.0% |
| 2007 | 32.8% | +0.0% |
| 2008 | 32.8% | +0.0% |
| 2009 | 32.8% | +0.0% |
| 2010 | 32.8% | +0.0% |
| 2011 | 32.8% | +0.0% |
| 2012 | 32.2% | -1.8% |
| 2013 | 32.3% | +0.3% |
| 2014 | 30.5% | -5.6% |
| 2015 | 30.5% | +0.0% |
| 2016 | 30.5% | +0.0% |
| 2017 | 30.5% | +0.0% |
| 2018 | 30.5% | +0.0% |
| 2019 | 30.5% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.8% | 32.8% | 32.8% | 5 |
| 2010s | 31.3% | 30.5% | 32.8% | 10 |
Countries ranked near Saint Kitts and Nevis
- 8 Bangladesh 31.1% compare
- 9 Mozambique 30.8% compare
- 9 Puerto Rico 30.8% compare
- 12 Comoros 30.4% compare
- 13 Kenya 30.1% compare
- 14 New Zealand 29.9% compare
More reference data data for Saint Kitts and Nevis
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0022 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0041 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0064 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0064 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0072 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0041 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.019 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0311 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Saint Kitts and Nevis?
- Paying taxes: profit tax in Saint Kitts and Nevis was 30.5% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Saint Kitts and Nevis?
- The highest recorded value was 32.8% in 2005.
- What is the lowest paying taxes: profit tax recorded in Saint Kitts and Nevis?
- The lowest recorded value was 30.5% in 2014.
- How does Saint Kitts and Nevis rank for paying taxes: profit tax?
- Saint Kitts and Nevis ranks 11th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is down 7.0%. The long-run trend across the full record is falling.
- Where does this Saint Kitts and Nevis 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.