Paying taxes: Profit tax in Palestine, State of
Palestine, State of: Paying taxes: Profit tax was 15.0% in 2019. ▼ Falling
Paying taxes: Profit tax in Palestine, State of, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Palestine, State of recorded 15.0% for paying taxes: profit tax in 2019. That is the lowest value across all 15 years on record.
The figure is down 7.4% over ten years.
Over the whole period, paying taxes: profit tax in Palestine, State of peaked at 22.0% in 2005 and was at its lowest, 15.0%, in 2014.
Palestine, State of ranks 101st 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 Palestine, State of, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 22.0% | — |
| 2006 | 17.6% | -20.0% |
| 2007 | 16.5% | -6.3% |
| 2008 | 16.2% | -1.8% |
| 2009 | 16.2% | +0.0% |
| 2010 | 16.2% | +0.0% |
| 2011 | 16.2% | +0.0% |
| 2012 | 16.2% | +0.0% |
| 2013 | 16.2% | +0.0% |
| 2014 | 15.0% | -7.4% |
| 2015 | 15.0% | +0.0% |
| 2016 | 15.0% | +0.0% |
| 2017 | 15.0% | +0.0% |
| 2018 | 15.0% | +0.0% |
| 2019 | 15.0% | +0.0% |
Palestine, State of compared with similar countries
- Palestine, State of's 15.0% is below the median for lower middle income countries, which is 17.3%, 87% of the median. (47 countries reporting)
- Palestine, State of's 15.0% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 14.4%, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.7% | 16.2% | 22.0% | 5 |
| 2010s | 15.5% | 15.0% | 16.2% | 10 |
Countries ranked near Palestine, State of
- 99 Romania 15.6% compare
- 100 Guinea-Bissau 15.1% compare
- 101 Iraq 15.0% compare
- 101 Nepal 15.0% compare
- 104 Chinese Taipei 14.7% compare
More reference data data for Palestine, State of
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0105 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1625 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.177 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.004 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.177 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0352 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0127 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6383 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7088 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.022 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Palestine, State of?
- Paying taxes: profit tax in Palestine, State of was 15.0% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Palestine, State of?
- The highest recorded value was 22.0% in 2005.
- What is the lowest paying taxes: profit tax recorded in Palestine, State of?
- The lowest recorded value was 15.0% in 2014.
- How does Palestine, State of rank for paying taxes: profit tax?
- Palestine, State of ranks 101st out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Palestine, State of?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is falling.
- Where does this Palestine, State of 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.