Effective bank tax rate reached 32.8% in 2020 in Nicaragua, according to the National Central Bank. This is 3.33% less than in the previous year.
Historically, effective bank tax rate in Nicaragua reached an all time high of 64.4% in 2010 and an all time low of 29.0% in 2017.
Nicaragua has been ranked 10th within the group of 58 countries we follow in terms of effective bank tax rate.
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