Bangladesh: Commercial tax rate
* indicates monthly or quarterly data series
| Bangladesh |
Tax rate, percent of commercial profits |
|---|---|
| Latest value | 33.40 |
| Year | 2019 |
| Measure | percent |
| Data availability | 2013 - 2019 |
| Average | 34.26 |
| Min - Max | 33.40 - 35.40 |
| Source | The World Bank (doing business survey) |
The latest value from 2019 is 33.4 percent, unchanged from 33.4 percent in 2018. In comparison, the world average is 40.53 percent, based on data from 184 countries. Historically, the average for Bangladesh from 2013 to 2019 is 34.26 percent. The minimum value, 33.4 percent, was reached in 2017 while the maximum of 35.4 percent was recorded in 2013.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 5.70 | 2022 | percent |
| Government spending, in dollars | 24.78 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -5.10 | 2023 | percent |
| Government debt | 28.20 | 2022 | percent |
| Tax revenue | 7.64 | 2021 | percent |
| Commercial tax rate | 33.40 | 2019 | percent |
| Tax preparation time | 435 | 2019 | hours |
| Number of taxes | 33 | 2019 | taxes |
| Taxes on goods and services | 43.22 | 2021 | percent |
| Taxes on international trade | 9.32 | 2021 | percent |
| Income and profits taxes | 25.76 | 2021 | percent |
| Foreign aid | 5,041.02 | 2021 | million U.S. dollars |