Statutory corporate income tax rate in Japan
Japan: Statutory corporate income tax rate was 29.7% in 2018. ▼ Falling
Statutory corporate income tax rate in Japan, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
In 2018, statutory corporate income tax rate in Japan stood at 29.7%. That is the lowest value across all 19 years on record.
The figure is down 0.8% on the previous year and down 24.8% over ten years.
Over the whole period, statutory corporate income tax rate in Japan peaked at 40.9% in 2000 and was at its lowest, 29.7%, in 2018.
That places Japan 20th out of 93 countries with data for 2018, putting it in the top quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Statutory corporate income tax rate in Japan, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 40.9% | — |
| 2001 | 40.9% | +0.0% |
| 2002 | 40.9% | +0.0% |
| 2003 | 40.9% | +0.0% |
| 2004 | 39.5% | -3.3% |
| 2005 | 39.5% | +0.0% |
| 2006 | 39.5% | +0.0% |
| 2007 | 39.5% | +0.0% |
| 2008 | 39.5% | +0.0% |
| 2009 | 39.5% | +0.0% |
| 2010 | 39.5% | +0.0% |
| 2011 | 39.5% | +0.0% |
| 2012 | 39.5% | +0.0% |
| 2013 | 37.0% | -6.4% |
| 2014 | 37.0% | +0.0% |
| 2015 | 32.1% | -13.2% |
| 2016 | 30.0% | -6.7% |
| 2017 | 30.0% | +0.0% |
| 2018 | 29.7% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.1% | 39.5% | 40.9% | 10 |
| 2010s | 34.9% | 29.7% | 39.5% | 9 |
Countries ranked near Japan
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.85 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 150.1 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 5.07 million current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -0.6749 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.13 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 38,069 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -0.675 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 140.23 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is statutory corporate income tax rate in Japan?
- Statutory corporate income tax rate in Japan was 29.7% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Japan?
- The highest recorded value was 40.9% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Japan?
- The lowest recorded value was 29.7% in 2018.
- How does Japan rank for statutory corporate income tax rate?
- Japan ranks 20th out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Japan?
- Over the last ten years it is down 24.8%. The long-run trend across the full record is falling.
- Where does this Japan 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.