Revenue from corporate income taxes as a share of GDP in Philippines
Philippines: Revenue from corporate income taxes as a share of GDP was 3.7% in 2017. ▲ Rising
Revenue from corporate income taxes as a share of GDP in Philippines, 1990–2017
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
Philippines recorded 3.7% for revenue from corporate income taxes as a share of gdp in 2017. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 6.4% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Philippines peaked at 3.7% in 2017 and was at its lowest, 1.6%, in 1990.
Philippines ranks 42nd of 163 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Revenue from corporate income taxes as a share of GDP in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 1.6% | — |
| 1991 | 1.8% | +12.3% |
| 1992 | 2.0% | +12.4% |
| 1993 | 2.2% | +5.7% |
| 1994 | 2.1% | -4.6% |
| 1995 | 2.5% | +21.1% |
| 1996 | 2.8% | +13.2% |
| 1997 | 2.2% | -21.4% |
| 1998 | 2.5% | +13.9% |
| 1999 | 2.2% | -12.5% |
| 2000 | 2.4% | +8.3% |
| 2001 | 2.5% | +5.7% |
| 2002 | 2.4% | -5.3% |
| 2003 | 2.5% | +5.0% |
| 2004 | 2.6% | +1.7% |
| 2005 | 2.7% | +6.4% |
| 2006 | 3.1% | +14.4% |
| 2007 | 3.5% | +12.2% |
| 2008 | 3.7% | +5.6% |
| 2009 | 3.2% | -14.2% |
| 2010 | 3.1% | -1.9% |
| 2011 | 3.5% | +11.8% |
| 2012 | 3.5% | +1.0% |
| 2013 | 3.7% | +4.8% |
| 2014 | 3.6% | -2.1% |
| 2015 | 3.7% | +2.1% |
| 2016 | 3.7% | +0.4% |
| 2017 | 3.7% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.2% | 1.6% | 2.8% | 10 |
| 2000s | 2.9% | 2.4% | 3.7% | 10 |
| 2010s | 3.6% | 3.1% | 3.7% | 8 |
Countries ranked near Philippines
- 39 Republic of Korea 3.8% compare
- 40 Viet Nam 3.8% compare
- 41 El Salvador 3.7% compare
- 43 Czechia 3.7% compare
- 44 Russian Federation 3.6% compare
- 45 Malawi 3.6% compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 9.25 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 15.27 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 63,678 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 8.24 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2865 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 1,195 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 1.83 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2274 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Philippines?
- Revenue from corporate income taxes as a share of gdp in Philippines was 3.7% in 2017, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Philippines?
- The highest recorded value was 3.7% in 2017.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Philippines?
- The lowest recorded value was 1.6% in 1990.
- How does Philippines rank for revenue from corporate income taxes as a share of gdp?
- Philippines ranks 42nd out of 163 countries with data for 2017.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Philippines?
- Over the last ten years it is up 6.4%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.