Paying taxes: Profit tax in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Paying taxes: Profit tax was 27.6% in 2019. ▼ Falling
Paying taxes: Profit tax in Saint Vincent and the Grenadines, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Saint Vincent and the Grenadines recorded 27.6% for paying taxes: profit tax in 2019. That is the lowest value across all 15 years on record.
That represents a change of down 7.4% on the previous year and down 15.1% over ten years.
Over the whole period, paying taxes: profit tax in Saint Vincent and the Grenadines peaked at 37.6% in 2005 and was at its lowest, 27.6%, in 2019.
That places Saint Vincent and the Grenadines 19th out of 190 countries with data for 2019, putting it 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 Vincent and the Grenadines, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 37.6% | — |
| 2006 | 37.6% | +0.0% |
| 2007 | 37.6% | +0.0% |
| 2008 | 35.2% | -6.4% |
| 2009 | 32.5% | -7.7% |
| 2010 | 30.2% | -7.1% |
| 2011 | 30.2% | +0.0% |
| 2012 | 30.2% | +0.0% |
| 2013 | 30.2% | +0.0% |
| 2014 | 30.2% | +0.0% |
| 2015 | 29.8% | -1.3% |
| 2016 | 29.8% | +0.0% |
| 2017 | 29.8% | +0.0% |
| 2018 | 29.8% | +0.0% |
| 2019 | 27.6% | -7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.1% | 32.5% | 37.6% | 5 |
| 2010s | 29.8% | 27.6% | 30.2% | 10 |
Countries ranked near Saint Vincent and the Grenadines
More reference data data for Saint Vincent and the Grenadines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0031 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0077 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0077 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0105 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0067 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0208 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0383 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0002 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Saint Vincent and the Grenadines?
- Paying taxes: profit tax in Saint Vincent and the Grenadines was 27.6% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 37.6% in 2005.
- What is the lowest paying taxes: profit tax recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 27.6% in 2019.
- How does Saint Vincent and the Grenadines rank for paying taxes: profit tax?
- Saint Vincent and the Grenadines ranks 19th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 15.1%. The long-run trend across the full record is falling.
- Where does this Saint Vincent and the Grenadines 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.