Puerto Rico: Commercial tax rate

* indicates monthly or quarterly data series
 Puerto Rico

Tax rate, percent of commercial profits

 Latest value 64.40
 Year 2019
 Measure percent
 Data availability 2005 - 2019
 Average 60.75
 Min - Max 49.60 - 67.00
 Source The World Bank (doing business survey)
For that indicator, we provide data for Puerto Rico from 2005 to 2019. The average value for Puerto Rico during that period was 60.75 percent with a minimum of 49.6 percent in 2013 and a maximum of 67 percent in 2015. The latest value from 2019 is 64.4 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
Puerto Rico - Commercial tax rate - Recent values chart

Historical chart
Puerto Rico - 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 6.87 2022 percent
 Government spending, in dollars 7.79 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 1.77 2022 percent
 Government debt 16.75 2022 percent
 Commercial tax rate 64.40 2019 percent
 Tax preparation time 218 2019 hours
 Number of taxes 16 2019 taxes
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