Paying taxes: Profit tax in United States of America
United States of America: Paying taxes: Profit tax was 20.7% in 2019. ▼ Falling
Paying taxes: Profit tax in United States of America, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: profit tax in United States of America is 20.7%, measured in 2019. That is the lowest value across all 15 years on record.
That represents a change of down 25.8% on the previous year and down 26.3% over ten years.
Over the whole period, paying taxes: profit tax in United States of America peaked at 28.2% in 2006 and was at its lowest, 20.7%, in 2019.
That places United States of America 60th out of 190 countries with data for 2019, putting it 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 United States of America, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 26.6% | — |
| 2006 | 28.2% | +6.0% |
| 2007 | 26.9% | -4.6% |
| 2008 | 27.8% | +3.3% |
| 2009 | 28.1% | +1.1% |
| 2010 | 27.7% | -1.4% |
| 2011 | 27.8% | +0.4% |
| 2012 | 27.8% | +0.0% |
| 2013 | 28.2% | +1.4% |
| 2014 | 28.2% | +0.0% |
| 2015 | 28.1% | -0.4% |
| 2016 | 28.1% | +0.0% |
| 2017 | 27.9% | -0.7% |
| 2018 | 27.9% | +0.0% |
| 2019 | 20.7% | -25.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.5% | 26.6% | 28.2% | 5 |
| 2010s | 27.2% | 20.7% | 28.2% | 10 |
Countries ranked near United States of America
- 58 Nigeria 21.0% compare
- 59 Tanzania, United Republic of 20.9% compare
- 61 Malawi 20.4% compare
- 61 Netherlands 20.4% compare
- 63 Gabon 20.3% compare
More reference data data for United States of America
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 19.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 24.55 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 119.42 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 20.7 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 119.42 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 64.85 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 52.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 133.45 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 589.96 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 112.69 (2050)
Frequently asked questions
- What is paying taxes: profit tax in United States of America?
- Paying taxes: profit tax in United States of America was 20.7% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in United States of America?
- The highest recorded value was 28.2% in 2006.
- What is the lowest paying taxes: profit tax recorded in United States of America?
- The lowest recorded value was 20.7% in 2019.
- How does United States of America rank for paying taxes: profit tax?
- United States of America ranks 60th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in United States of America?
- Over the last ten years it is down 26.3%. The long-run trend across the full record is falling.
- Where does this United States of America 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.