Sao Tome and Principe: Commercial tax rate

* indicates monthly or quarterly data series
 Sao Tome and Principe

Tax rate, percent of commercial profits

 Latest value 37.00
 Year 2019
 Measure percent
 Data availability 2005 - 2019
 Average 42.13
 Min - Max 37.00 - 51.30
 Source The World Bank (doing business survey)
For that indicator, we provide data for Sao Tome and Principe from 2005 to 2019. The average value for Sao Tome and Principe during that period was 42.13 percent with a minimum of 37 percent in 2016 and a maximum of 51.3 percent in 2006. 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
Sao Tome and Principe - Commercial tax rate - Recent values chart

Historical chart
Sao Tome and Principe - 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 -7.20 2022 percent
 Government debt 86.66 2020 percent
 Commercial tax rate 37.00 2019 percent
 Tax preparation time 424 2019 hours
 Number of taxes 46 2019 taxes
 Foreign aid 69.81 2021 million U.S. dollars
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