Effective tax rates: Corporate tax statistics … expenditure Implicit in Peru
Peru: Effective tax rates: Corporate tax statistics … expenditure Implicit was -15.55 Percentage of taxable income in 2025. ▼ Falling
Effective tax rates for expenditure based tax incentives - Corporate in Peru, 2019–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
The most recent figure for effective tax rates for expenditure based tax incentives - corporate in Peru is -15.55 Percentage of taxable income, measured in 2025. That is the lowest value across all 7 years on record.
The figure is down 20.0% over ten years.
That places Peru 45th out of 50 countries with data for 2025, putting it in the bottom quarter.
Effective tax rates: Corporate tax statistics … expenditure Implicit in Peru, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2019 | -12.96 Percentage of taxable income | — |
| 2020 | -12.96 Percentage of taxable income | -0.0% |
| 2021 | -12.96 Percentage of taxable income | -0.0% |
| 2022 | -12.96 Percentage of taxable income | -0.0% |
| 2023 | -15.55 Percentage of taxable income | +20.0% |
| 2024 | -15.55 Percentage of taxable income | -0.0% |
| 2025 | -15.55 Percentage of taxable income | -0.0% |
Peru compared with similar countries
- Peru's -15.55 Percentage of taxable income is below the median for upper middle income countries, which is -7.29 Percentage of taxable income, 2.1× the median. (9 countries reporting)
- Peru's -15.55 Percentage of taxable income is below the median for Latin America & Caribbean, which is -1.36 Percentage of taxable income, 11.4× the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -12.96 Percentage of taxable income | -12.96 Percentage of taxable income | -12.96 Percentage of taxable income | 1 |
| 2020s | -14.26 Percentage of taxable income | -15.55 Percentage of taxable income | -12.96 Percentage of taxable income | 6 |
Countries ranked near Peru
- 42 Spain -14.53 Percentage of taxable income compare
- 43 Iceland -15 Percentage of taxable income compare
- 44 Chile -15.1 Percentage of taxable income compare
- 45 France -15.55 Percentage of taxable income compare
- 47 Ireland -16.39 Percentage of taxable income compare
- 48 Portugal -16.98 Percentage of taxable income compare
More economy & growth data for Peru
- Real gdp growth, annual growth rate -2.13 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.35 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 71.12 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3644 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0054 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 51.93 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.7 % change on previous year (2025)
Frequently asked questions
- What is effective tax rates for expenditure based tax incentives - corporate in Peru?
- Effective tax rates for expenditure based tax incentives - corporate in Peru was -15.55 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates for expenditure based tax incentives - corporate recorded in Peru?
- The highest recorded value was -12.96 Percentage of taxable income in 2019.
- What is the lowest effective tax rates for expenditure based tax incentives - corporate recorded in Peru?
- The lowest recorded value was -15.55 Percentage of taxable income in 2023.
- How does Peru rank for effective tax rates for expenditure based tax incentives - corporate?
- Peru ranks 45th out of 50 countries with data for 2025.
- Is effective tax rates for expenditure based tax incentives - corporate rising or falling in Peru?
- Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
- Where does this Peru data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Effective tax rates for expenditure based tax incentives - Corporate tax statistics — Implicit subsidy (EATR). Statizoid updates them automatically from the source API.
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About this data
This table reports synthetic tax policy indicators that capture the effect of expenditure-based R&D tax incentives on firms’ investment costs: The EATR for R&D measures the impact of taxation on R&D investments that earn an economic profit. the user cost of capital for R&D measures the return that a firm needs to realise on an R&D investment before tax to offset all costs and taxes that arise from the investment, making zero economic profit. Further methodological information is available in the explanatory annex.