Paying taxes: Total tax and contribution rate in Saint Kitts and Nevis
Saint Kitts and Nevis: Paying taxes: Total tax and contribution rate was 49.7% in 2019. ▼ Falling
Paying taxes: Total tax and contribution rate in Saint Kitts and Nevis, 2005–2019
Source: World Bank. Measured in % of profit.
Analysis
Saint Kitts and Nevis recorded 49.7% 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 5.3% over ten years.
Over the whole period, paying taxes: total tax and contribution rate in Saint Kitts and Nevis peaked at 52.5% in 2007 and was at its lowest, 49.7%, in 2014.
That places Saint Kitts and Nevis 38th out of 190 countries with data for 2019, putting it 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 Saint Kitts and Nevis, year by year
| Year | % of profit | Change |
|---|---|---|
| 2005 | 52.3% | — |
| 2006 | 52.3% | +0.0% |
| 2007 | 52.5% | +0.4% |
| 2008 | 52.5% | +0.0% |
| 2009 | 52.5% | +0.0% |
| 2010 | 52.5% | +0.0% |
| 2011 | 52.5% | +0.0% |
| 2012 | 51.9% | -1.1% |
| 2013 | 51.6% | -0.6% |
| 2014 | 49.7% | -3.7% |
| 2015 | 49.7% | +0.0% |
| 2016 | 49.7% | +0.0% |
| 2017 | 49.7% | +0.0% |
| 2018 | 49.7% | +0.0% |
| 2019 | 49.7% | +0.0% |
Saint Kitts and Nevis compared with similar countries
- Saint Kitts and Nevis's 49.7% is above the median for high income countries, which is 36.4%, 1.4× the median. (62 countries reporting)
- Saint Kitts and Nevis's 49.7% is above the median for Latin America & Caribbean, which is 39.1%, 1.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.4% | 52.3% | 52.5% | 5 |
| 2010s | 50.7% | 49.7% | 52.5% | 10 |
Countries ranked near Saint Kitts and Nevis
More reference data data for Saint Kitts and Nevis
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0022 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0041 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0064 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0064 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0072 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0041 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.019 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0311 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0 (2050)
Frequently asked questions
- What is paying taxes: total tax and contribution rate in Saint Kitts and Nevis?
- Paying taxes: total tax and contribution rate in Saint Kitts and Nevis was 49.7% in 2019, according to the World Bank.
- What is the highest paying taxes: total tax and contribution rate recorded in Saint Kitts and Nevis?
- The highest recorded value was 52.5% in 2007.
- What is the lowest paying taxes: total tax and contribution rate recorded in Saint Kitts and Nevis?
- The lowest recorded value was 49.7% in 2014.
- How does Saint Kitts and Nevis rank for paying taxes: total tax and contribution rate?
- Saint Kitts and Nevis ranks 38th out of 190 countries with data for 2019.
- Is paying taxes: total tax and contribution rate rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is falling.
- Where does this Saint Kitts and Nevis 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.