Statutory corporate income tax rate in Paraguay
Paraguay: Statutory corporate income tax rate was 10.0% in 2018. ◆ Volatile
Statutory corporate income tax rate in Paraguay, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
Paraguay recorded 10.0% for statutory corporate income tax rate in 2018. That is the lowest value across all 19 years on record.
The figure is unchanged over ten years.
Over the whole period, statutory corporate income tax rate in Paraguay peaked at 30.0% in 2000 and was at its lowest, 10.0%, in 2006.
That places Paraguay 78th 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 Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 30.0% | — |
| 2001 | 30.0% | +0.0% |
| 2002 | 30.0% | +0.0% |
| 2003 | 30.0% | +0.0% |
| 2004 | 30.0% | +0.0% |
| 2005 | 20.0% | -33.3% |
| 2006 | 10.0% | -50.0% |
| 2007 | 10.0% | +0.0% |
| 2008 | 10.0% | +0.0% |
| 2009 | 10.0% | +0.0% |
| 2010 | 10.0% | +0.0% |
| 2011 | 10.0% | +0.0% |
| 2012 | 10.0% | +0.0% |
| 2013 | 10.0% | +0.0% |
| 2014 | 10.0% | +0.0% |
| 2015 | 10.0% | +0.0% |
| 2016 | 10.0% | +0.0% |
| 2017 | 10.0% | +0.0% |
| 2018 | 10.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.0% | 10.0% | 30.0% | 10 |
| 2010s | 10.0% | 10.0% | 10.0% | 9 |
Countries ranked near Paraguay
More economy & growth data for Paraguay
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.21 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9204 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 6,467 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 6,945 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 48.80 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.78 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9213 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Paraguay?
- Statutory corporate income tax rate in Paraguay was 10.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Paraguay?
- The highest recorded value was 30.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Paraguay?
- The lowest recorded value was 10.0% in 2006.
- How does Paraguay rank for statutory corporate income tax rate?
- Paraguay ranks 78th out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Paraguay?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Paraguay 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.