Statutory corporate income tax rate in Portugal
Portugal: Statutory corporate income tax rate was 31.5% in 2018. ▼ Falling
Statutory corporate income tax rate in Portugal, 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 Portugal is 31.5%, measured in 2018.
Compared with earlier readings it is up 6.8% on the previous year and up 18.9% over ten years.
Over the whole period, statutory corporate income tax rate in Portugal peaked at 35.2% in 2000 and was at its lowest, 26.5%, in 2007.
That places Portugal 7th out of 93 countries with data for 2018, putting it in the top 10%.
The long-run direction has been consistently falling across the 19 years of available data.
Statutory corporate income tax rate in Portugal, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 35.2% | — |
| 2001 | 35.2% | +0.0% |
| 2002 | 33.0% | -6.3% |
| 2003 | 33.0% | +0.0% |
| 2004 | 27.5% | -16.7% |
| 2005 | 27.5% | +0.0% |
| 2006 | 27.5% | +0.0% |
| 2007 | 26.5% | -3.6% |
| 2008 | 26.5% | +0.0% |
| 2009 | 26.5% | +0.0% |
| 2010 | 26.5% | +0.0% |
| 2011 | 28.5% | +7.5% |
| 2012 | 31.5% | +10.5% |
| 2013 | 31.5% | +0.0% |
| 2014 | 31.5% | +0.0% |
| 2015 | 29.5% | -6.3% |
| 2016 | 29.5% | +0.0% |
| 2017 | 29.5% | +0.0% |
| 2018 | 31.5% | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.8% | 26.5% | 35.2% | 10 |
| 2010s | 29.9% | 26.5% | 31.5% | 9 |
Countries ranked near Portugal
- 4 France 34.4% compare
- 5 Brazil 34.0% compare
- 6 Monaco 33.3% compare
- 8 Angola 30.0% compare
- 8 Argentina 30.0% compare
- 8 Australia 30.0% compare
- 8 Gabon 30.0% compare
- 8 Kenya 30.0% compare
- 8 Mexico 30.0% compare
- 8 Montserrat 30.0% compare
- 8 Nigeria 30.0% compare
- 8 Saint Vincent and the Grenadines 30.0% compare
- 8 Senegal 30.0% compare
- 8 Seychelles 30.0% compare
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.113 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 3,624 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.1 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 3,207 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0813 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 2,609 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 2,473 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 7.94 % change on previous year (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Portugal?
- Statutory corporate income tax rate in Portugal was 31.5% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Portugal?
- The highest recorded value was 35.2% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Portugal?
- The lowest recorded value was 26.5% in 2007.
- How does Portugal rank for statutory corporate income tax rate?
- Portugal ranks 7th out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Portugal?
- Over the last ten years it is up 18.9%. The long-run trend across the full record is falling.
- Where does this Portugal 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.