Statutory corporate income tax rate in Liberia
Liberia: Statutory corporate income tax rate was 25.0% in 2018. ▼ Falling
Statutory corporate income tax rate in Liberia, 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 Liberia is 25.0%, measured in 2018. That is the lowest value across all 19 years on record.
That represents a change of down 28.6% over ten years.
Over the whole period, statutory corporate income tax rate in Liberia peaked at 35.0% in 2000 and was at its lowest, 25.0%, in 2011.
That places Liberia 31st 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 Liberia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 35.0% | — |
| 2001 | 35.0% | +0.0% |
| 2002 | 35.0% | +0.0% |
| 2003 | 35.0% | +0.0% |
| 2004 | 35.0% | +0.0% |
| 2005 | 35.0% | +0.0% |
| 2006 | 35.0% | +0.0% |
| 2007 | 35.0% | +0.0% |
| 2008 | 35.0% | +0.0% |
| 2009 | 35.0% | +0.0% |
| 2010 | 35.0% | +0.0% |
| 2011 | 25.0% | -28.6% |
| 2012 | 25.0% | +0.0% |
| 2013 | 25.0% | +0.0% |
| 2014 | 25.0% | +0.0% |
| 2015 | 25.0% | +0.0% |
| 2016 | 25.0% | +0.0% |
| 2017 | 25.0% | +0.0% |
| 2018 | 25.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.0% | 35.0% | 35.0% | 10 |
| 2010s | 26.1% | 25.0% | 35.0% | 9 |
Countries ranked near Liberia
- 28 Canada 26.8% compare
- 29 Luxembourg 26.0% compare
- 30 United States 25.8% compare
- 31 Austria 25.0% compare
- 31 Barbados 25.0% compare
- 31 Chile 25.0% compare
- 31 China 25.0% compare
- 31 Côte d'Ivoire 25.0% compare
- 31 Indonesia 25.0% compare
- 31 Jamaica 25.0% compare
- 31 Netherlands 25.0% compare
- 31 Panama 25.0% compare
- 31 Spain 25.0% compare
- 31 Uruguay 25.0% compare
More economy & growth data for Liberia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.97 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.15 Percent per annum (2029)
- Services, value added (constant LCU), per capita 280.39 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.52 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9716 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 889.34 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9716 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 889.34 current LCU per person (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Liberia?
- Statutory corporate income tax rate in Liberia was 25.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Liberia?
- The highest recorded value was 35.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Liberia?
- The lowest recorded value was 25.0% in 2011.
- How does Liberia rank for statutory corporate income tax rate?
- Liberia ranks 31st out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Liberia?
- Over the last ten years it is down 28.6%. The long-run trend across the full record is falling.
- Where does this Liberia 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.