Statutory corporate income tax rate in Luxembourg
Luxembourg: Statutory corporate income tax rate was 26.0% in 2018. ▼ Falling
Statutory corporate income tax rate in Luxembourg, 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 Luxembourg is 26.0%, measured in 2018. That is the lowest value across all 19 years on record.
The figure is down 4.0% on the previous year and down 12.2% over ten years.
Over the whole period, statutory corporate income tax rate in Luxembourg peaked at 37.5% in 2000 and was at its lowest, 26.0%, in 2018.
That places Luxembourg 29th 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 Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 37.5% | — |
| 2001 | 37.5% | +0.0% |
| 2002 | 30.4% | -18.9% |
| 2003 | 30.4% | +0.0% |
| 2004 | 30.4% | +0.0% |
| 2005 | 30.4% | +0.0% |
| 2006 | 29.6% | -2.5% |
| 2007 | 29.6% | +0.0% |
| 2008 | 29.6% | +0.0% |
| 2009 | 28.6% | -3.5% |
| 2010 | 28.6% | +0.0% |
| 2011 | 28.8% | +0.7% |
| 2012 | 28.8% | +0.0% |
| 2013 | 29.2% | +1.5% |
| 2014 | 29.2% | +0.0% |
| 2015 | 29.2% | +0.0% |
| 2016 | 29.2% | +0.0% |
| 2017 | 27.1% | -7.3% |
| 2018 | 26.0% | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31.4% | 28.6% | 37.5% | 10 |
| 2010s | 28.5% | 26.0% | 29.2% | 9 |
Countries ranked near Luxembourg
- 26 Italy 27.8% compare
- 27 Burkina Faso 27.5% compare
- 28 Canada 26.8% 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 Liberia 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 Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Services, value added (constant LCU), per capita 80,691 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.22 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.86 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9055 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 133,344 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.31 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8014 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 118,006 current LCU per person (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Luxembourg?
- Statutory corporate income tax rate in Luxembourg was 26.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Luxembourg?
- The highest recorded value was 37.5% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Luxembourg?
- The lowest recorded value was 26.0% in 2018.
- How does Luxembourg rank for statutory corporate income tax rate?
- Luxembourg ranks 29th out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Luxembourg?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is falling.
- Where does this Luxembourg 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.