Statutory corporate income tax rate in Brunei
Brunei: Statutory corporate income tax rate was 18.5% in 2018. ▼ Falling
Statutory corporate income tax rate in Brunei, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
Brunei recorded 18.5% for statutory corporate income tax rate in 2018. That is the lowest value across all 19 years on record.
The figure is down 32.7% over ten years.
Over the whole period, statutory corporate income tax rate in Brunei peaked at 30.0% in 2000 and was at its lowest, 18.5%, in 2015.
Brunei ranks 65th of 93 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Statutory corporate income tax rate in Brunei, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 30.0% | — |
| 2001 | 30.0% | +0.0% |
| 2002 | 30.0% | +0.0% |
| 2003 | 30.0% | +0.0% |
| 2004 | 30.0% | +0.0% |
| 2005 | 30.0% | +0.0% |
| 2006 | 30.0% | +0.0% |
| 2007 | 30.0% | +0.0% |
| 2008 | 27.5% | -8.3% |
| 2009 | 25.5% | -7.3% |
| 2010 | 23.5% | -7.8% |
| 2011 | 22.0% | -6.4% |
| 2012 | 20.0% | -9.1% |
| 2013 | 20.0% | +0.0% |
| 2014 | 20.0% | +0.0% |
| 2015 | 18.5% | -7.5% |
| 2016 | 18.5% | +0.0% |
| 2017 | 18.5% | +0.0% |
| 2018 | 18.5% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.3% | 25.5% | 30.0% | 10 |
| 2010s | 19.9% | 18.5% | 23.5% | 9 |
Countries ranked near Brunei
More economy & growth data for Brunei
- Industry (including construction), value added (constant 2015 US$) 1.91 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.5349 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 17,243 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 1.91 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.7946 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 25,614 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 1.23 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4024 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 12,972 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate -0.9254 % change on previous year (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Brunei?
- Statutory corporate income tax rate in Brunei was 18.5% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Brunei?
- The highest recorded value was 30.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Brunei?
- The lowest recorded value was 18.5% in 2015.
- How does Brunei rank for statutory corporate income tax rate?
- Brunei ranks 65th out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Brunei?
- Over the last ten years it is down 32.7%. The long-run trend across the full record is falling.
- Where does this Brunei data come from?
- The figures come from OECD (2019) – processed by Our World in Data, published as part of Statutory corporate income tax rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to the combined rates for central and sub-central government levels (i.e. central government corporate tax rate, less deductions for sub-national taxes, plus sub-central corporate tax rate). Figures correspond to the standard rate that is not targeted at particular industries or income types. The top marginal rate is reported if the corporate tax system is progressive.