Brazil vs Monaco: Statutory corporate income tax rate

Brazil
34.0%
in 2018
Monaco
33.3%
in 2018
Brazil rank
5th
Monaco rank
6th

Statutory corporate income tax rate over time

  • Brazil
  • Monaco
010203040200020092018

How they compare

Brazil currently reports 34.0% against 33.3% in Monaco, a difference of 0.7%.

Across all 19 years both countries report, Brazil has been ahead every year.

Brazil ranks 5th and Monaco ranks 6th of 93 countries.

Brazil has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Brazil Monaco Difference Ahead
2000s 34.3% 33.3% 1.0% Brazil
2010s 34.0% 33.3% 0.7% Brazil

Averages of every year both report within each decade.

Frequently asked questions

Which has higher statutory corporate income tax rate, Brazil or Monaco?
Brazil, at 34.0% against 33.3% in Monaco as of 2018.
What is the difference in statutory corporate income tax rate between Brazil and Monaco?
0.7%, with Brazil ahead.
How many years of comparable data are there for Brazil and Monaco?
19 years are reported by both, from 2000 to 2018.
How do Brazil and Monaco rank globally for statutory corporate income tax rate?
Brazil ranks 5th and Monaco ranks 6th of 93 countries.
Where does this data come from?
OECD (2019) – processed by Our World in Data, published as Statutory corporate income tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Brazil vs Monaco: Statutory corporate income tax rate. Statizoid, drawing on OECD (2019) – processed by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/statutory-corporate-income-tax-rate/brazil/monaco/

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About this data

Indicator
Statutory corporate income tax rate
Unit
%
Source
OECD (2019) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
93 places, 1,767 data points, 2000–2018
Last refreshed

Estimates correspond to the combined rates for central and sub-central government levels (i.e. central government corporate tax rate, less deductions for sub-national taxes, plus sub-central corporate tax rate). Figures correspond to the standard rate that is not targeted at particular industries or income types. The top marginal rate is reported if the corporate tax system is progressive.