Paying taxes: Total tax and contribution rate in Nigeria
Nigeria: Paying taxes: Total tax and contribution rate was 34.8% in 2019. ▲ Rising
Paying taxes: Total tax and contribution rate in Nigeria, 2005–2019
Source: World Bank. Measured in % of profit.
Analysis
Nigeria recorded 34.8% for paying taxes: total tax and contribution rate in 2019.
That represents a change of up 8.8% over ten years.
Over the whole period, paying taxes: total tax and contribution rate in Nigeria peaked at 34.9% in 2016 and was at its lowest, 31.1%, in 2005.
That places Nigeria 113th out of 190 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Total tax and contribution rate in Nigeria, year by year
| Year | % of profit | Change |
|---|---|---|
| 2005 | 31.1% | — |
| 2006 | 32.0% | +2.9% |
| 2007 | 32.0% | +0.0% |
| 2008 | 32.0% | +0.0% |
| 2009 | 32.0% | +0.0% |
| 2010 | 32.0% | +0.0% |
| 2011 | 32.4% | +1.2% |
| 2012 | 32.7% | +0.9% |
| 2013 | 33.0% | +0.9% |
| 2014 | 33.0% | +0.0% |
| 2015 | 33.9% | +2.7% |
| 2016 | 34.9% | +2.9% |
| 2017 | 34.8% | -0.3% |
| 2018 | 34.8% | +0.0% |
| 2019 | 34.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31.8% | 31.1% | 32.0% | 5 |
| 2010s | 33.6% | 32.0% | 34.9% | 10 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is paying taxes: total tax and contribution rate in Nigeria?
- Paying taxes: total tax and contribution rate in Nigeria was 34.8% in 2019, according to the World Bank.
- What is the highest paying taxes: total tax and contribution rate recorded in Nigeria?
- The highest recorded value was 34.9% in 2016.
- What is the lowest paying taxes: total tax and contribution rate recorded in Nigeria?
- The lowest recorded value was 31.1% in 2005.
- How does Nigeria rank for paying taxes: total tax and contribution rate?
- Nigeria ranks 113th out of 190 countries with data for 2019.
- Is paying taxes: total tax and contribution rate rising or falling in Nigeria?
- Over the last ten years it is up 8.8%. The long-run trend across the full record is rising.
- Where does this Nigeria 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.