Paying taxes: Profit tax in Viet Nam
Viet Nam: Paying taxes: Profit tax was 13.2% in 2019. ▼ Falling
Paying taxes: Profit tax in Viet Nam, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Viet Nam stood at 13.2%.
That represents a change of down 35.6% over ten years.
Over the whole period, paying taxes: profit tax in Viet Nam peaked at 20.6% in 2005 and was at its lowest, 12.4%, in 2010.
Viet Nam ranks 113th 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 Viet Nam, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 20.6% | — |
| 2006 | 20.6% | +0.0% |
| 2007 | 20.6% | +0.0% |
| 2008 | 20.6% | +0.0% |
| 2009 | 20.5% | -0.5% |
| 2010 | 12.4% | -39.5% |
| 2011 | 17.2% | +38.7% |
| 2012 | 12.4% | -27.9% |
| 2013 | 17.0% | +37.1% |
| 2014 | 17.0% | +0.0% |
| 2015 | 14.4% | -15.3% |
| 2016 | 14.4% | +0.0% |
| 2017 | 13.1% | -9.0% |
| 2018 | 13.2% | +0.8% |
| 2019 | 13.2% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.6% | 20.5% | 20.6% | 5 |
| 2010s | 14.4% | 12.4% | 17.2% | 10 |
Countries ranked near Viet Nam
More reference data data for Viet Nam
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.68 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.24 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 16.73 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 16.73 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 12.35 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 18.98 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 23.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 93.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 10.27 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Viet Nam?
- Paying taxes: profit tax in Viet Nam was 13.2% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Viet Nam?
- The highest recorded value was 20.6% in 2005.
- What is the lowest paying taxes: profit tax recorded in Viet Nam?
- The lowest recorded value was 12.4% in 2010.
- How does Viet Nam rank for paying taxes: profit tax?
- Viet Nam ranks 113th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Viet Nam?
- Over the last ten years it is down 35.6%. The long-run trend across the full record is falling.
- Where does this Viet Nam 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.