Paying taxes: Total tax and contribution rate in Equatorial Guinea
Equatorial Guinea: Paying taxes: Total tax and contribution rate was 79.4% in 2019. ▲ Rising
Paying taxes: Total tax and contribution rate in Equatorial Guinea, 2005–2019
Source: World Bank. Measured in % of profit.
Analysis
The most recent figure for paying taxes: total tax and contribution rate in Equatorial Guinea is 79.4%, measured in 2019. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 68.6% over ten years.
Over the whole period, paying taxes: total tax and contribution rate in Equatorial Guinea peaked at 79.4% in 2016 and was at its lowest, 47.1%, in 2005.
Equatorial Guinea ranks 5th of 190 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Total tax and contribution rate in Equatorial Guinea, year by year
| Year | % of profit | Change |
|---|---|---|
| 2005 | 47.1% | — |
| 2006 | 47.1% | +0.0% |
| 2007 | 47.1% | +0.0% |
| 2008 | 47.1% | +0.0% |
| 2009 | 47.1% | +0.0% |
| 2010 | 47.1% | +0.0% |
| 2011 | 47.1% | +0.0% |
| 2012 | 47.1% | +0.0% |
| 2013 | 47.1% | +0.0% |
| 2014 | 47.1% | +0.0% |
| 2015 | 47.1% | +0.0% |
| 2016 | 79.4% | +68.6% |
| 2017 | 79.4% | +0.0% |
| 2018 | 79.4% | +0.0% |
| 2019 | 79.4% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.1% | 47.1% | 47.1% | 5 |
| 2010s | 60.0% | 47.1% | 79.4% | 10 |
Countries ranked near Equatorial Guinea
- 2 Argentina 106.3% compare
- 3 Bolivia, Plurinational State of 83.7% compare
- 3 Eritrea 83.7% compare
- 6 Palau 76.6% compare
- 7 Central African Republic 73.3% compare
- 7 Venezuela, Bolivarian Republic of 73.3% compare
More reference data data for Equatorial Guinea
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0083 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 8.36 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 13.67 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 9.48 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 8.36 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 13.67 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1.11 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 10.65 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 25.26 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0246 (2050)
Frequently asked questions
- What is paying taxes: total tax and contribution rate in Equatorial Guinea?
- Paying taxes: total tax and contribution rate in Equatorial Guinea was 79.4% in 2019, according to the World Bank.
- What is the highest paying taxes: total tax and contribution rate recorded in Equatorial Guinea?
- The highest recorded value was 79.4% in 2016.
- What is the lowest paying taxes: total tax and contribution rate recorded in Equatorial Guinea?
- The lowest recorded value was 47.1% in 2005.
- How does Equatorial Guinea rank for paying taxes: total tax and contribution rate?
- Equatorial Guinea ranks 5th out of 190 countries with data for 2019.
- Is paying taxes: total tax and contribution rate rising or falling in Equatorial Guinea?
- Over the last ten years it is up 68.6%. The long-run trend across the full record is rising.
- Where does this Equatorial Guinea data come from?
- The figures come from the World Bank, published as part of Paying taxes: Total tax and contribution rate (% of profit). 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 total tax and contribution rate measures the amount of taxes and mandatory contributions borne by the business in the second year of operation, expressed as a share of commercial pro?t. The total amount of taxes and contributions borne is the sum of all the different taxes and contributions payable after accounting for allowable deductions and exemptions. The taxes withheld (such as personal income tax) or collected by the company and remitted to the tax authorities (such as VAT, sales tax or goods and service tax) but not borne by the company are excluded.