Effective bank tax rate reached 25.0% in third quarter of 2020 in Ethiopia, according to the National Central Bank. This is 529% more than in the previous quarter.
Historically, effective bank tax rate in Ethiopia reached an all time high of 27.9% in 4Q2018 and an all time low of -5.83% in 2Q2020.
Ethiopia has been ranked 21st within the group of 61 countries we follow in terms of effective bank tax rate.
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