Effective bank tax rate reached 33.6% in fourth quarter of 2020 in Nicaragua, according to the National Central Bank. This is 0.159% more than in the previous quarter.
Historically, effective bank tax rate in Nicaragua reached an all time high of 110% in 3Q2019 and an all time low of 6.95% in 3Q2010.
Nicaragua has been ranked 17th within the group of 57 countries we follow in terms of effective bank tax rate.
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