Paying taxes: Total tax and contribution rate in Micronesia, Federated States of
Micronesia, Federated States of: Paying taxes: Total tax and contribution rate was 60.5% in 2019. ▬ Flat
Paying taxes: Total tax and contribution rate in Micronesia, Federated States of, 2005–2019
Source: World Bank. Measured in % of profit.
Analysis
Micronesia, Federated States of recorded 60.5% for paying taxes: total tax and contribution rate in 2019. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 3.1% over ten years.
Over the whole period, paying taxes: total tax and contribution rate in Micronesia, Federated States of peaked at 60.5% in 2014 and was at its lowest, 58.7%, in 2007.
That places Micronesia, Federated States of 22nd out of 190 countries with data for 2019, putting it in the top quarter.
Paying taxes: Total tax and contribution rate in Micronesia, Federated States of, year by year
| Year | % of profit | Change |
|---|---|---|
| 2005 | 59.6% | — |
| 2006 | 59.6% | +0.0% |
| 2007 | 58.7% | -1.5% |
| 2008 | 58.7% | +0.0% |
| 2009 | 58.7% | +0.0% |
| 2010 | 58.7% | +0.0% |
| 2011 | 59.0% | +0.5% |
| 2012 | 59.9% | +1.5% |
| 2013 | 60.0% | +0.2% |
| 2014 | 60.5% | +0.8% |
| 2015 | 60.5% | +0.0% |
| 2016 | 60.5% | +0.0% |
| 2017 | 60.5% | +0.0% |
| 2018 | 60.5% | +0.0% |
| 2019 | 60.5% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.1% | 58.7% | 59.6% | 5 |
| 2010s | 60.1% | 58.7% | 60.5% | 10 |
Countries ranked near Micronesia, Federated States of
More reference data data for Micronesia, Federated States of
- Emission Totals - Emissions (CH4) - Burning - Crop residues 0.0003 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 16.58 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 0.0232 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 20.76 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0.0018 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 1.05 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 3.01 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 1.94 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 16.58 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 0.0074 (2050)
Frequently asked questions
- What is paying taxes: total tax and contribution rate in Micronesia, Federated States of?
- Paying taxes: total tax and contribution rate in Micronesia, Federated States of was 60.5% in 2019, according to the World Bank.
- What is the highest paying taxes: total tax and contribution rate recorded in Micronesia, Federated States of?
- The highest recorded value was 60.5% in 2014.
- What is the lowest paying taxes: total tax and contribution rate recorded in Micronesia, Federated States of?
- The lowest recorded value was 58.7% in 2007.
- How does Micronesia, Federated States of rank for paying taxes: total tax and contribution rate?
- Micronesia, Federated States of ranks 22nd out of 190 countries with data for 2019.
- Is paying taxes: total tax and contribution rate rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is flat.
- Where does this Micronesia, Federated States of 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.
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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.