New Zealand: Commercial tax rate

* indicates monthly or quarterly data series
 New Zealand

Tax rate, percent of commercial profits

 Latest value 34.60
 Year 2019
 Measure percent
 Data availability 2005 - 2019
 Average 34.73
 Min - Max 33.20 - 36.60
 Source The World Bank (doing business survey)
For that indicator, we provide data for New Zealand from 2005 to 2019. The average value for New Zealand during that period was 34.73 percent with a minimum of 33.2 percent in 2009 and a maximum of 36.6 percent in 2005. The latest value from 2019 is 34.6 percent. For comparison, the world average in 2019 based on 184 countries is 40.53 percent. 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 values chart
New Zealand - Commercial tax rate - Recent values chart

Historical chart
New Zealand - Commercial tax rate - historical chart - 2005-2019




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.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 20.82 2022 percent
 Government spending, in dollars 51.65 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -2.70 2022 percent
 Government debt 30.16 2021 percent
 Government expenditure 21.57 Q3/2023 billion
 Long-term government bond yield 5.05 9/2023 percent
 Tax revenue 29.77 2022 percent
 Commercial tax rate 34.60 2019 percent
 Tax preparation time 140 2019 hours
 Number of taxes 7 2019 taxes
 Taxes on goods and services 27.87 2022 percent
 Taxes on international trade 2.68 2022 percent
 Income and profits taxes 58.26 2022 percent
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