Effective tax rates - Corporate tax statistics — Effective average in Canada
Canada: Effective tax rates - Corporate tax statistics — Effective average was 23.39 Percentage of taxable income in 2025. ▲ Rising
Effective tax rates - Corporate tax statistics — Effective average in Canada, 2017–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
Canada recorded 23.39 Percentage of taxable income for effective tax rates - corporate tax statistics — effective average in 2025.
Compared with earlier readings it is down 0.4% on the previous year and up 6.1% over ten years.
Over the whole period, effective tax rates - corporate tax statistics — effective average in Canada peaked at 23.7 Percentage of taxable income in 2023 and was at its lowest, 22.04 Percentage of taxable income, in 2017.
That places Canada 55th out of 99 countries with data for 2025, putting it in the middle of the range.
Effective tax rates - Corporate tax statistics — Effective average in Canada, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2017 | 22.04 Percentage of taxable income | — |
| 2018 | 22.46 Percentage of taxable income | +1.9% |
| 2019 | 22.45 Percentage of taxable income | -0.0% |
| 2020 | 22.18 Percentage of taxable income | -1.2% |
| 2021 | 22.58 Percentage of taxable income | +1.8% |
| 2022 | 23.44 Percentage of taxable income | +3.8% |
| 2023 | 23.7 Percentage of taxable income | +1.1% |
| 2024 | 23.48 Percentage of taxable income | -0.9% |
| 2025 | 23.39 Percentage of taxable income | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22.32 Percentage of taxable income | 22.04 Percentage of taxable income | 22.46 Percentage of taxable income | 3 |
| 2020s | 23.13 Percentage of taxable income | 22.18 Percentage of taxable income | 23.7 Percentage of taxable income | 6 |
Countries ranked near Canada
- 52 Argentina 23.73 Percentage of taxable income compare
- 53 Ecuador 23.48 Percentage of taxable income compare
- 54 France 23.4 Percentage of taxable income compare
- 56 Netherlands 23.31 Percentage of taxable income compare
- 57 South Africa 23.05 Percentage of taxable income compare
- 58 Seychelles 22.22 Percentage of taxable income compare
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 2.13 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2315 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 12,896 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 4.28 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.3237 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 18,031 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 1.45 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1752 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is effective tax rates - corporate tax statistics — effective average in Canada?
- Effective tax rates - corporate tax statistics — effective average in Canada was 23.39 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates - corporate tax statistics — effective average recorded in Canada?
- The highest recorded value was 23.7 Percentage of taxable income in 2023.
- What is the lowest effective tax rates - corporate tax statistics — effective average recorded in Canada?
- The lowest recorded value was 22.04 Percentage of taxable income in 2017.
- How does Canada rank for effective tax rates - corporate tax statistics — effective average?
- Canada ranks 55th out of 99 countries with data for 2025.
- Is effective tax rates - corporate tax statistics — effective average rising or falling in Canada?
- Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Effective tax rates - Corporate tax statistics — Effective average tax rate. Statizoid updates them automatically from the source API.
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About this data
This table reports synthetic tax policy indicators calculated on the basis of a prospective, hypothetical investment project. Unlike backward-looking ETRs, they do not incorporate any information about firms' actual tax payments.The OECD methodology has been described in detail in the OECD Taxation Working Paper No. 38 (Hanappi, 2018). Further methodological information is available in the explanatory annex.