Statutory corporate income tax rate in Curacao
Curacao: Statutory corporate income tax rate was 22.0% in 2018. ▼ Falling
Statutory corporate income tax rate in Curacao, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
In 2018, statutory corporate income tax rate in Curacao stood at 22.0%. That is the lowest value across all 19 years on record.
That represents a change of down 26.7% over ten years.
Over the whole period, statutory corporate income tax rate in Curacao peaked at 30.0% in 2000 and was at its lowest, 22.0%, in 2016.
That places Curacao 47th out of 93 countries with data for 2018, putting it 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 Curacao, 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 | 30.0% | +0.0% |
| 2009 | 30.0% | +0.0% |
| 2010 | 30.0% | +0.0% |
| 2011 | 30.0% | +0.0% |
| 2012 | 27.5% | -8.3% |
| 2013 | 27.5% | +0.0% |
| 2014 | 27.5% | +0.0% |
| 2015 | 25.0% | -9.1% |
| 2016 | 22.0% | -12.0% |
| 2017 | 22.0% | +0.0% |
| 2018 | 22.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.0% | 30.0% | 30.0% | 10 |
| 2010s | 25.9% | 22.0% | 30.0% | 9 |
Countries ranked near Curacao
More economy & growth data for Curacao
- GDP (current LCU), annual growth rate 8.53 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 19,354 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.88 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8476 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.52 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,643 current LCU per person (2024)
- GDP (current US$), annual growth rate 8.53 % change on previous year (2024)
- GDP (constant LCU), annual growth rate 5.03 % change on previous year (2024)
- GDP (current US$), per capita 22,833 current US$ per person (2024)
- GDP (current LCU), per unit of GDP 1.79 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is statutory corporate income tax rate in Curacao?
- Statutory corporate income tax rate in Curacao was 22.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Curacao?
- The highest recorded value was 30.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Curacao?
- The lowest recorded value was 22.0% in 2016.
- How does Curacao rank for statutory corporate income tax rate?
- Curacao ranks 47th out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Curacao?
- Over the last ten years it is down 26.7%. The long-run trend across the full record is falling.
- Where does this Curacao 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.