Paying taxes: Total tax and contribution rate in Nicaragua
Nicaragua: Paying taxes: Total tax and contribution rate was 60.6% in 2019. ▼ Falling
Paying taxes: Total tax and contribution rate in Nicaragua, 2005–2019
Source: World Bank. Measured in % of profit.
Analysis
The most recent figure for paying taxes: total tax and contribution rate in Nicaragua is 60.6%, measured in 2019.
That represents a change of down 4.3% over ten years.
Over the whole period, paying taxes: total tax and contribution rate in Nicaragua peaked at 64.1% in 2011 and was at its lowest, 59.3%, in 2014.
Nicaragua ranks 21st of 190 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Total tax and contribution rate in Nicaragua, year by year
| Year | % of profit | Change |
|---|---|---|
| 2005 | 63.5% | — |
| 2006 | 63.5% | +0.0% |
| 2007 | 63.5% | +0.0% |
| 2008 | 63.3% | -0.3% |
| 2009 | 63.3% | +0.0% |
| 2010 | 63.3% | +0.0% |
| 2011 | 64.1% | +1.3% |
| 2012 | 62.4% | -2.7% |
| 2013 | 62.4% | +0.0% |
| 2014 | 59.3% | -5.0% |
| 2015 | 60.1% | +1.3% |
| 2016 | 59.8% | -0.5% |
| 2017 | 60.2% | +0.7% |
| 2018 | 60.6% | +0.7% |
| 2019 | 60.6% | +0.0% |
Nicaragua compared with similar countries
- Nicaragua's 60.6% is above the median for lower middle income countries, which is 37.9%, 1.6× the median. (47 countries reporting)
- Nicaragua's 60.6% is above the median for Latin America & Caribbean, which is 39.1%, 1.5× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.4% | 63.3% | 63.5% | 5 |
| 2010s | 61.3% | 59.3% | 64.1% | 10 |
Countries ranked near Nicaragua
More reference data data for Nicaragua
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.72 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0819 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.76 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4557 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 14.12 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.4457 (2050)
Frequently asked questions
- What is paying taxes: total tax and contribution rate in Nicaragua?
- Paying taxes: total tax and contribution rate in Nicaragua was 60.6% in 2019, according to the World Bank.
- What is the highest paying taxes: total tax and contribution rate recorded in Nicaragua?
- The highest recorded value was 64.1% in 2011.
- What is the lowest paying taxes: total tax and contribution rate recorded in Nicaragua?
- The lowest recorded value was 59.3% in 2014.
- How does Nicaragua rank for paying taxes: total tax and contribution rate?
- Nicaragua ranks 21st out of 190 countries with data for 2019.
- Is paying taxes: total tax and contribution rate rising or falling in Nicaragua?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is falling.
- Where does this Nicaragua 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.