Statutory corporate income tax rate in Guernsey
Guernsey: Statutory corporate income tax rate was 0.0% in 2018. ◆ Volatile
Statutory corporate income tax rate in Guernsey, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
Guernsey recorded 0.0% for statutory corporate income tax rate in 2018. That is the lowest value across all 19 years on record.
Over the whole period, statutory corporate income tax rate in Guernsey peaked at 20.0% in 2000 and was at its lowest, 0.0%, in 2008.
That places Guernsey 82nd out of 93 countries with data for 2018, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Statutory corporate income tax rate in Guernsey, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 20.0% | — |
| 2001 | 20.0% | +0.0% |
| 2002 | 20.0% | +0.0% |
| 2003 | 20.0% | +0.0% |
| 2004 | 20.0% | +0.0% |
| 2005 | 20.0% | +0.0% |
| 2006 | 20.0% | +0.0% |
| 2007 | 20.0% | +0.0% |
| 2008 | 0.0% | -100.0% |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 0.0% | — |
| 2013 | 0.0% | — |
| 2014 | 0.0% | — |
| 2015 | 0.0% | — |
| 2016 | 0.0% | — |
| 2017 | 0.0% | — |
| 2018 | 0.0% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.0% | 0.0% | 20.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 9 |
Countries ranked near Guernsey
- 81 Hungary 9.0% compare
- 82 Anguilla 0.0%
- 82 Bahamas 0.0%
- 82 Bahrain 0.0%
- 82 Bermuda 0.0%
- 82 British Virgin Islands 0.0% compare
- 82 Cayman Islands 0.0%
- 82 Isle of Man 0.0% compare
- 82 Jersey 0.0% compare
- 82 Saudi Arabia 0.0%
- 82 Turks and Caicos Islands 0.0%
- 82 United Arab Emirates 0.0%
More economy & growth data for Guernsey
- US dollar per domestic currency (End-of-period (EoP)) 1.35 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 0.7432 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.02 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.9825 (2025)
- Euro per domestic currency (End-of-period (EoP)) 1.15 (2025)
- Domestic currency per Euro (End-of-period (EoP)) 0.8732 (2025)
- Share of people who used the internet in the previous three months 83.63 % (2011)
- Share of the population using improved sanitation facilities 100.0% (2024)
- Corporate income tax (CIT) - statutory and targeted small business 0 Percentage of taxable income (2026)
- 15.6.1 Total reported number of Standard Material Transfer Agreements 0 No (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Guernsey?
- Statutory corporate income tax rate in Guernsey was 0.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Guernsey?
- The highest recorded value was 20.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Guernsey?
- The lowest recorded value was 0.0% in 2008.
- How does Guernsey rank for statutory corporate income tax rate?
- Guernsey ranks 82nd out of 93 countries with data for 2018.
- Where does this Guernsey 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.