Statutory corporate income tax rate by country
Countries reporting
85
Highest
48.32
India
Lowest
0
Jersey
Median
24
Years covered
19
2000–2018
Data points
1,767
What the numbers show
Statutory corporate income tax rate is currently reported for 85 countries. The highest value is 48.32 in India; the lowest is 0 in Jersey.
The median across all reporting countries is 24, and the mean is 22.55.
Over the past decade 14 countries rose and 43 fell. The largest increase was in Serbia (up 50.0%), and the largest decrease in Jersey (down 100.0%).
Statutory corporate income tax rate: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | India | 48.32 | 2018 | up 6.9% | rising |
| 1 | Montserrat | 30 | 2018 | unchanged | flat |
| 2 | Democratic Republic of the Congo | 35 | 2018 | down 12.5% | falling |
| 2 | Malta | 35 | 2018 | unchanged | flat |
| 4 | France | 34.43 | 2018 | unchanged | rising |
| 5 | Brazil | 34 | 2018 | unchanged | flat |
| 6 | Monaco | 33.33 | 2018 | unchanged | flat |
| 7 | Portugal | 31.5 | 2018 | up 18.9% | falling |
| 8 | Nigeria | 30 | 2018 | unchanged | flat |
| 8 | Gabon | 30 | 2018 | down 14.3% | falling |
| 8 | Kenya | 30 | 2018 | unchanged | flat |
| 8 | Mexico | 30 | 2018 | up 7.1% | falling |
| 8 | Saint Vincent and the Grenadines | 30 | 2018 | down 14.3% | falling |
| 8 | Senegal | 30 | 2018 | up 20.0% | falling |
| 8 | Seychelles | 30 | 2018 | down 25.0% | falling |
| 8 | Australia | 30 | 2018 | unchanged | flat |
| 8 | Argentina | 30 | 2018 | down 14.3% | flat |
| 8 | Angola | 30 | 2018 | down 14.3% | falling |
| 18 | Germany | 29.82 | 2018 | up 1.4% | falling |
| 19 | Japan | 29.74 | 2018 | down 24.8% | falling |
| 20 | Belgium | 29.58 | 2018 | down 13.0% | falling |
| 21 | Peru | 29.5 | 2018 | down 1.7% | flat |
| 22 | Greece | 29 | 2018 | up 16.0% | falling |
| 23 | New Zealand | 28 | 2018 | down 6.7% | falling |
| 23 | South Africa | 28 | 2018 | unchanged | falling |
| 25 | Italy | 27.81 | 2018 | down 11.4% | falling |
| 26 | Burkina Faso | 27.5 | 2018 | down 8.3% | falling |
| 27 | Canada | 26.8 | 2018 | down 14.6% | falling |
| 28 | Luxembourg | 26.01 | 2018 | down 12.2% | falling |
| 29 | United States | 25.84 | 2018 | down 34.2% | falling |
| 30 | Chile | 25 | 2018 | up 47.1% | rising |
| 30 | Uruguay | 25 | 2018 | unchanged | falling |
| 30 | Austria | 25 | 2018 | unchanged | falling |
| 30 | Barbados | 25 | 2018 | unchanged | falling |
| 30 | Panama | 25 | 2018 | down 16.7% | falling |
| 30 | Netherlands | 25 | 2018 | down 2.0% | falling |
| 30 | China (People’s Republic of) | 25 | 2018 | unchanged | falling |
| 30 | Côte d'Ivoire | 25 | 2018 | unchanged | falling |
| 30 | Liberia | 25 | 2018 | down 28.6% | falling |
| 30 | Jamaica | 25 | 2018 | down 25.0% | falling |
| 30 | Indonesia | 25 | 2018 | down 16.7% | falling |
| 30 | Spain | 25 | 2018 | down 16.7% | falling |
| 42 | Malaysia | 24 | 2018 | down 7.7% | falling |
| 43 | Israel | 23 | 2018 | down 14.8% | falling |
| 43 | Norway | 23 | 2018 | down 17.9% | falling |
| 45 | Egypt | 22.5 | 2018 | up 12.5% | falling |
| 46 | Botswana | 22 | 2018 | down 12.0% | falling |
| 46 | Curaçao | 22 | 2018 | down 26.7% | falling |
| 46 | Türkiye | 22 | 2018 | up 10.0% | falling |
| 46 | Sweden | 22 | 2018 | down 21.4% | falling |
| 46 | Denmark | 22 | 2018 | down 12.0% | falling |
| 51 | Switzerland | 21.15 | 2018 | down 0.1% | falling |
| 52 | Slovakia | 21 | 2018 | up 10.5% | falling |
| 53 | Russian Federation | 20 | 2018 | down 16.7% | falling |
| 53 | Viet Nam | 20 | 2018 | down 28.6% | falling |
| 53 | Finland | 20 | 2018 | down 23.1% | falling |
| 53 | Thailand | 20 | 2018 | down 33.3% | falling |
| 53 | Latvia | 20 | 2018 | up 33.3% | falling |
| 53 | Iceland | 20 | 2018 | up 33.3% | falling |
| 53 | Estonia | 20 | 2018 | down 4.8% | falling |
| 60 | Slovenia | 19 | 2018 | down 13.6% | falling |
| 60 | United Kingdom | 19 | 2018 | down 32.1% | falling |
| 60 | Czechia | 19 | 2018 | down 9.5% | falling |
| 60 | Poland | 19 | 2018 | unchanged | falling |
| 64 | Brunei Darussalam | 18.5 | 2018 | down 32.7% | falling |
| 65 | Croatia | 18 | 2018 | down 10.0% | falling |
| 66 | Singapore | 17 | 2018 | down 5.6% | falling |
| 67 | Hong Kong, China | 16.5 | 2018 | unchanged | flat |
| 68 | Romania | 16 | 2018 | unchanged | falling |
| 69 | Serbia | 15 | 2018 | up 50.0% | falling |
| 69 | Oman | 15 | 2018 | up 25.0% | rising |
| 69 | Mauritius | 15 | 2018 | unchanged | falling |
| 69 | Maldives | 15 | 2018 | — | volatile |
| 69 | Lithuania | 15 | 2018 | unchanged | falling |
| 74 | Ireland | 12.5 | 2018 | unchanged | falling |
| 74 | Liechtenstein | 12.5 | 2018 | down 37.5% | falling |
| 76 | Macau, China | 12 | 2018 | unchanged | falling |
| 77 | Andorra | 10 | 2018 | — | volatile |
| 77 | Paraguay | 10 | 2018 | unchanged | volatile |
| 77 | Bulgaria | 10 | 2018 | unchanged | falling |
| 80 | Hungary | 9 | 2018 | down 55.0% | falling |
| 81 | British Virgin Islands | 0 | 2018 | — | volatile |
| 81 | Isle of Man | 0 | 2018 | — | volatile |
| 81 | Bailiwick of Guernsey | 0 | 2018 | — | volatile |
| 81 | Jersey | 0 | 2018 | down 100.0% | volatile |