Effective tax rates: Corporate tax statistics Effective … marginal in Cyprus
Cyprus: Effective tax rates: Corporate tax statistics Effective … marginal was 6.67 Percentage of taxable income in 2025. ▲ Rising
Effective tax rates - Corporate tax statistics — Effective marginal in Cyprus, 2017–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
The most recent figure for effective tax rates - corporate tax statistics — effective marginal in Cyprus is 6.67 Percentage of taxable income, measured in 2025.
Compared with earlier readings it is down 12.8% on the previous year and up 34.7% over ten years.
Over the whole period, effective tax rates - corporate tax statistics — effective marginal in Cyprus peaked at 7.65 Percentage of taxable income in 2024 and was at its lowest, 4.8 Percentage of taxable income, in 2020.
That places Cyprus 77th out of 99 countries with data for 2025, putting it in the bottom quarter.
Effective tax rates: Corporate tax statistics Effective … marginal in Cyprus, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2017 | 4.96 Percentage of taxable income | — |
| 2018 | 5.32 Percentage of taxable income | +7.3% |
| 2019 | 5.12 Percentage of taxable income | -3.8% |
| 2020 | 4.8 Percentage of taxable income | -6.2% |
| 2021 | 4.85 Percentage of taxable income | +1.1% |
| 2022 | 6.27 Percentage of taxable income | +29.2% |
| 2023 | 7.16 Percentage of taxable income | +14.2% |
| 2024 | 7.65 Percentage of taxable income | +6.9% |
| 2025 | 6.67 Percentage of taxable income | -12.8% |
Cyprus compared with similar countries
- Cyprus's 6.67 Percentage of taxable income is below the median for high income countries, which is 20.11 Percentage of taxable income, 33% of the median. (54 countries reporting)
- Cyprus's 6.67 Percentage of taxable income is below the median for Europe & Central Asia, which is 26.05 Percentage of taxable income, 26% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.13 Percentage of taxable income | 4.96 Percentage of taxable income | 5.32 Percentage of taxable income | 3 |
| 2020s | 6.23 Percentage of taxable income | 4.8 Percentage of taxable income | 7.65 Percentage of taxable income | 6 |
Countries ranked near Cyprus
- 74 Bosnia and Herzegovina 13.65 Percentage of taxable income compare
- 75 Macao 7.55 Percentage of taxable income compare
- 76 Qatar 7.46 Percentage of taxable income compare
- 78 United Kingdom 5.8 Percentage of taxable income compare
- 79 Singapore 2.83 Percentage of taxable income compare
- 80 Netherlands 2.44 Percentage of taxable income compare
More economy & growth data for Cyprus
- Real gdp growth, annual growth rate -4.42 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 428.26 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3528 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 312.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is effective tax rates - corporate tax statistics — effective marginal in Cyprus?
- Effective tax rates - corporate tax statistics — effective marginal in Cyprus was 6.67 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 marginal recorded in Cyprus?
- The highest recorded value was 7.65 Percentage of taxable income in 2024.
- What is the lowest effective tax rates - corporate tax statistics — effective marginal recorded in Cyprus?
- The lowest recorded value was 4.8 Percentage of taxable income in 2020.
- How does Cyprus rank for effective tax rates - corporate tax statistics — effective marginal?
- Cyprus ranks 77th out of 99 countries with data for 2025.
- Is effective tax rates - corporate tax statistics — effective marginal rising or falling in Cyprus?
- Over the last ten years it is up 34.7%. The long-run trend across the full record is rising.
- Where does this Cyprus 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 marginal 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.