Laos vs Palau: Taxes on income, profits and capital gains
Laos
23.6%
in 2022
Palau
24.0%
in 2020
Laos rank
131st
Palau rank
129th
Taxes on income, profits and capital gains over time
- Laos
- Palau
How they compare
Palau currently reports 24.0% against 23.6% in Laos, a difference of 0.4%.
The two have swapped places 3 times across 13 shared years of data; in 2008 it was Laos ahead.
Laos ranks 131st and Palau ranks 129th of 153 countries.
Across the 3 decades both report, Laos averaged higher in 2 and Palau in 1.
Head to head by decade
| Decade | Laos | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.4% | 21.9% | 6.5% | Laos |
| 2010s | 21.7% | 18.7% | 3.0% | Laos |
| 2020s | 19.7% | 24.0% | 4.3% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Laos or Palau?
- Palau, at 24.0% against 23.6% in Laos as of 2020.
- What is the difference in taxes on income, profits and capital gains between Laos and Palau?
- 0.4%, with Palau ahead.
- How many years of comparable data are there for Laos and Palau?
- 13 years are reported by both, from 2008 to 2020.
- How do Laos and Palau rank globally for taxes on income, profits and capital gains?
- Laos ranks 131st and Palau ranks 129th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (% of total taxes). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.