Statutory corporate income tax rate in Canada
Canada: Statutory corporate income tax rate was 26.8 in 2018. ▼ Falling
Latest (2018)
26.8
Change on year
up 0.4%
World rank
27th
of 91 countries
All-time high
42.43
in 2000
All-time low
26.1
in 2012
Years of data
19
2000–2018
Statutory corporate income tax rate in Canada, 2000–2018
Source: Our World in Data.
Analysis
Canada recorded 26.8 for statutory corporate income tax rate in 2018.
That represents a change of up 0.4% on the previous year and down 14.6% over ten years.
Over the whole period, statutory corporate income tax rate in Canada peaked at 42.43 in 2000 and was at its lowest, 26.1, in 2012.
Canada ranks 27th of 91 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 Canada, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 42.43 | — |
| 2001 | 40.48 | -4.6% |
| 2002 | 38.02 | -6.1% |
| 2003 | 35.87 | -5.7% |
| 2004 | 34.38 | -4.2% |
| 2005 | 34.18 | -0.6% |
| 2006 | 33.93 | -0.7% |
| 2007 | 33.95 | +0.1% |
| 2008 | 31.4 | -7.5% |
| 2009 | 30.9 | -1.6% |
| 2010 | 29.4 | -4.9% |
| 2011 | 27.7 | -5.8% |
| 2012 | 26.1 | -5.8% |
| 2013 | 26.2 | +0.4% |
| 2014 | 26.2 | +0.0% |
| 2015 | 26.7 | +1.9% |
| 2016 | 26.7 | +0.0% |
| 2017 | 26.7 | +0.0% |
| 2018 | 26.8 | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.55 | 30.9 | 42.43 | 10 |
| 2010s | 26.94 | 26.1 | 29.4 | 9 |
Countries ranked near Canada
- 25 Italy 27.81 compare
- 26 Burkina Faso 27.5 compare
- 28 Luxembourg 26.01 compare
- 29 United States of America 25.84 compare
- 30 Austria 25 compare
- 30 Barbados 25 compare
- 30 Chile 25 compare
- 30 China 25 compare
- 30 Côte d'Ivoire 25 compare
- 30 Indonesia 25 compare
- 30 Jamaica 25 compare
- 30 Liberia 25 compare
- 30 Netherlands 25 compare
- 30 Panama 25 compare
- 30 Spain 25 compare
- 30 Uruguay 25 compare
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate 5.25 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 56,420 current US$ per person (2025)
- GNI (current US$), annual growth rate 3.93 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 55,759 current US$ per person (2025)
- GNI (current LCU), annual growth rate 6.12 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.4 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Canada?
- Statutory corporate income tax rate in Canada was 26.8 in 2018, according to Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Canada?
- The highest recorded value was 42.43 in 2000.
- What is the lowest statutory corporate income tax rate recorded in Canada?
- The lowest recorded value was 26.1 in 2012.
- How does Canada rank for statutory corporate income tax rate?
- Canada ranks 27th out of 91 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Canada?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Our World in Data, published as part of Statutory corporate income tax rate. Statizoid updates them automatically from the source API.
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