Statutory corporate income tax rate in Finland
Finland: Statutory corporate income tax rate was 20.0% in 2018. ▼ Falling
Statutory corporate income tax rate in Finland, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for statutory corporate income tax rate in Finland is 20.0%, measured in 2018. That is the lowest value across all 19 years on record.
That represents a change of down 23.1% over ten years.
Over the whole period, statutory corporate income tax rate in Finland peaked at 29.0% in 2000 and was at its lowest, 20.0%, in 2014.
That places Finland 54th 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 Finland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 29.0% | — |
| 2001 | 29.0% | +0.0% |
| 2002 | 29.0% | +0.0% |
| 2003 | 29.0% | +0.0% |
| 2004 | 29.0% | +0.0% |
| 2005 | 26.0% | -10.3% |
| 2006 | 26.0% | +0.0% |
| 2007 | 26.0% | +0.0% |
| 2008 | 26.0% | +0.0% |
| 2009 | 26.0% | +0.0% |
| 2010 | 26.0% | +0.0% |
| 2011 | 26.0% | +0.0% |
| 2012 | 24.5% | -5.8% |
| 2013 | 24.5% | +0.0% |
| 2014 | 20.0% | -18.4% |
| 2015 | 20.0% | +0.0% |
| 2016 | 20.0% | +0.0% |
| 2017 | 20.0% | +0.0% |
| 2018 | 20.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.5% | 26.0% | 29.0% | 10 |
| 2010s | 22.3% | 20.0% | 26.0% | 9 |
Countries ranked near Finland
More economy & growth data for Finland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.51 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8723 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 48,978 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.41 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7719 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 43,344 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.2034 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7007 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Finland?
- Statutory corporate income tax rate in Finland was 20.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Finland?
- The highest recorded value was 29.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Finland?
- The lowest recorded value was 20.0% in 2014.
- How does Finland rank for statutory corporate income tax rate?
- Finland ranks 54th out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Finland?
- Over the last ten years it is down 23.1%. The long-run trend across the full record is falling.
- Where does this Finland 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.
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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.