Growth Metrics

Nokia (NOK) Tax Rate (2016 - 2021)

Historic Tax Rate for Nokia (NOK) over the last 13 years, with Q1 2021 value amounting to 24.24%.

  • Nokia's Tax Rate fell 11700.0% to 24.24% in Q1 2021 from the same period last year, while for Mar 2021 it was 233.32%, marking a year-over-year increase of 2393400.0%. This contributed to the annual value of 18.17% for FY2024, which is 376500.0% down from last year.
  • According to the latest figures from Q1 2021, Nokia's Tax Rate is 24.24%, which was down 11700.0% from 975.66% recorded in Q4 2020.
  • Nokia's 5-year Tax Rate high stood at 81.52% for Q4 2017, and its period low was 975.66% during Q4 2020.
  • Over the past 5 years, Nokia's median Tax Rate value was 16.86% (recorded in 2017), while the average stood at 44.39%.
  • Its Tax Rate has fluctuated over the past 5 years, first skyrocketed by 747300bps in 2018, then tumbled by -9741300bps in 2020.
  • Quarter analysis of 5 years shows Nokia's Tax Rate stood at 81.52% in 2017, then dropped by -8bps to 75.1% in 2018, then tumbled by -102bps to 1.53% in 2019, then plummeted by -63490bps to 975.66% in 2020, then surged by 98bps to 24.24% in 2021.
  • Its Tax Rate was 24.24% in Q1 2021, compared to 975.66% in Q4 2020 and 23.63% in Q3 2020.