Effective tax rates - Corporate tax statistics — Effective marginal in New Zealand

New Zealand: Effective tax rates - Corporate tax statistics — Effective marginal was 23.14 Percentage of taxable income in 2025. ▲ Rising

Latest (2025)
23.14 Percentage of taxable income
Change on year
down 34.6%
World rank
62nd
of 99 countries
All-time high
35.9 Percentage of taxable income
in 2023
All-time low
20.97 Percentage of taxable income
in 2017
Years of data
9
2017–2025

Effective tax rates - Corporate tax statistics — Effective marginal in New Zealand, 2017–2025

0102030402017202120252017: 21 Percentage of taxable income2018: 21.3 Percentage of taxable income2019: 21.6 Percentage of taxable income2020: 22.7 Percentage of taxable income2021: 25.5 Percentage of taxable income2022: 31 Percentage of taxable income2023: 35.9 Percentage of taxable income2024: 35.4 Percentage of taxable income2025: 23.1 Percentage of taxable income

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.

Analysis

New Zealand recorded 23.14 Percentage of taxable income for effective tax rates - corporate tax statistics — effective marginal in 2025.

That represents a change of down 34.6% on the previous year and up 10.3% over ten years.

Over the whole period, effective tax rates - corporate tax statistics — effective marginal in New Zealand peaked at 35.9 Percentage of taxable income in 2023 and was at its lowest, 20.97 Percentage of taxable income, in 2017.

New Zealand ranks 62nd of 99 countries on this measure, in the middle of the range.

Effective tax rates - Corporate tax statistics — Effective marginal in New Zealand, year by year

Annual values for Effective tax rates - Corporate tax statistics — Effective marginal tax rate in New Zealand, 2017 to 2025.
Year Percentage of taxable income Change
2017 20.97 Percentage of taxable income
2018 21.25 Percentage of taxable income +1.4%
2019 21.62 Percentage of taxable income +1.8%
2020 22.75 Percentage of taxable income +5.2%
2021 25.49 Percentage of taxable income +12.1%
2022 31.04 Percentage of taxable income +21.8%
2023 35.9 Percentage of taxable income +15.6%
2024 35.4 Percentage of taxable income -1.4%
2025 23.14 Percentage of taxable income -34.6%

New Zealand compared with similar countries

  • New Zealand's 23.14 Percentage of taxable income is above the median for high income countries, which is 20.11 Percentage of taxable income, 1.2× the median. (54 countries reporting)
  • New Zealand's 23.14 Percentage of taxable income is below the median for East Asia & Pacific, which is 34.64 Percentage of taxable income, 67% of the median. (10 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 21.28 Percentage of taxable income 20.97 Percentage of taxable income 21.62 Percentage of taxable income 3
2020s 28.95 Percentage of taxable income 22.75 Percentage of taxable income 35.9 Percentage of taxable income 6

Countries ranked near New Zealand

  1. 59 Seychelles 24.77 Percentage of taxable income compare
  2. 60 Montserrat 24.46 Percentage of taxable income compare
  3. 61 Israel 23.21 Percentage of taxable income compare
  4. 63 Croatia 22.48 Percentage of taxable income compare
  5. 64 Andorra 21.19 Percentage of taxable income compare
  6. 65 Switzerland 20.76 Percentage of taxable income compare

See the full ranking of 105 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is effective tax rates - corporate tax statistics — effective marginal in New Zealand?
Effective tax rates - corporate tax statistics — effective marginal in New Zealand was 23.14 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 New Zealand?
The highest recorded value was 35.9 Percentage of taxable income in 2023.
What is the lowest effective tax rates - corporate tax statistics — effective marginal recorded in New Zealand?
The lowest recorded value was 20.97 Percentage of taxable income in 2017.
How does New Zealand rank for effective tax rates - corporate tax statistics — effective marginal?
New Zealand ranks 62nd out of 99 countries with data for 2025.
Is effective tax rates - corporate tax statistics — effective marginal rising or falling in New Zealand?
Over the last ten years it is up 10.3%. The long-run trend across the full record is rising.
Where does this New Zealand 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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Effective tax rates - Corporate tax statistics — Effective marginal in New Zealand. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 17 September 2026, from https://economy.statizoid.com/stat/effective-tax-rates-corporate-tax-statistics-effective-marginal-tax-rate/new-zealand/

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About this data

Indicator
Effective tax rates - Corporate tax statistics — Effective marginal tax rate
Unit
Percentage of taxable income
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
105 places, 936 data points, 2017–2025
Last refreshed

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.