Paying taxes: Total tax and contribution rate in Gambia
Gambia: Paying taxes: Total tax and contribution rate was 48.4% in 2019. ◆ Volatile
Paying taxes: Total tax and contribution rate in Gambia, 2005–2019
Source: World Bank. Measured in % of profit.
Analysis
Gambia recorded 48.4% for paying taxes: total tax and contribution rate in 2019. That is the lowest value across all 15 years on record.
The figure is down 14.5% on the previous year and down 83.1% over ten years.
Over the whole period, paying taxes: total tax and contribution rate in Gambia peaked at 285.9% in 2006 and was at its lowest, 48.4%, in 2019.
That places Gambia 46th out of 190 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Paying taxes: Total tax and contribution rate in Gambia, year by year
| Year | % of profit | Change |
|---|---|---|
| 2005 | 279.9% | — |
| 2006 | 285.9% | +2.1% |
| 2007 | 285.9% | +0.0% |
| 2008 | 285.9% | +0.0% |
| 2009 | 285.9% | +0.0% |
| 2010 | 285.9% | +0.0% |
| 2011 | 277.1% | -3.1% |
| 2012 | 277.1% | +0.0% |
| 2013 | 272.1% | -1.8% |
| 2014 | 60.1% | -77.9% |
| 2015 | 51.3% | -14.6% |
| 2016 | 51.3% | +0.0% |
| 2017 | 51.3% | +0.0% |
| 2018 | 56.6% | +10.3% |
| 2019 | 48.4% | -14.5% |
Gambia compared with similar countries
- Gambia's 48.4% is above the median for low income countries, which is 42.7%, 1.1× the median. (23 countries reporting)
- Gambia's 48.4% is above the median for Sub-Saharan Africa, which is 43.8%, 1.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Paying taxes: Total tax and contribution rate in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | -77.9% | 272.1% | 60.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 284.7% | 279.9% | 285.9% | 5 |
| 2010s | 143.1% | 48.4% | 285.9% | 10 |
Countries ranked near Gambia
More reference data data for Gambia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0121 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2798 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3524 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3524 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0407 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.36 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.72 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1264 (2050)
Frequently asked questions
- What is paying taxes: total tax and contribution rate in Gambia?
- Paying taxes: total tax and contribution rate in Gambia was 48.4% in 2019, according to the World Bank.
- What is the highest paying taxes: total tax and contribution rate recorded in Gambia?
- The highest recorded value was 285.9% in 2006.
- What is the lowest paying taxes: total tax and contribution rate recorded in Gambia?
- The lowest recorded value was 48.4% in 2019.
- How does Gambia rank for paying taxes: total tax and contribution rate?
- Gambia ranks 46th out of 190 countries with data for 2019.
- Is paying taxes: total tax and contribution rate rising or falling in Gambia?
- Over the last ten years it is down 83.1%. The long-run trend across the full record is volatile.
- Where does this Gambia 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.