Saint Vincent and the Grenadines: Commercial tax rate

* indicates monthly or quarterly data series
 Saint Vincent and the Grenadines

Tax rate, percent of commercial profits

 Latest value 37
 Year 2019
 Measure percent
 Data availability 2005 - 2019
 Average 40.41
 Min - Max 37 - 45
 Source The World Bank (doing business survey)
For that indicator, we provide data for Saint Vincent and the Grenadines from 2005 to 2019. The average value for Saint Vincent and the Grenadines during that period was 40.41 percent with a minimum of 37 percent in 2019 and a maximum of 45 percent in 2005. The latest value from 2019 is 37 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.
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* indicates monthly or quarterly data series


Recent values chart
Saint Vincent and the Grenadines - Commercial tax rate - recent values

Historical chart
Saint Vincent and the Grenadines - 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
 Fiscal balance, percent of GDP -9.39 2022 percent
 Government debt 87.77 2022 percent
 Tax revenue 23.80 2017 percent
 Commercial tax rate 37.00 2019 percent
 Tax preparation time 108 2019 hours
 Number of taxes 36 2019 taxes
 Taxes on goods and services 43.46 2017 percent
 Taxes on international trade 17.63 2017 percent
 Income and profits taxes 24.69 2017 percent
 Foreign aid 126.32 2021 million U.S. dollars
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