
Total tax and contribution rate in Sub-Saharan Africa 2019, by country
As of 2019, taxes and contributions paid by businesses in Comoros corresponded to 219.6 percent of the profit, by far the highest share in Sub-Saharan Africa. In Eritrea, the second country in the ranking, payment of taxes was equivalent to 83.7 percent of profit. The share was at its lowest in Lesotho, at 13.6 percent. According to the source, tax cost for businesses influences investment and growth. Higher taxes lead to companies leaving the formal sector.