Statutory corporate income tax rate in South Africa
South Africa: Statutory corporate income tax rate was 28.0% in 2018. ▼ Falling
Statutory corporate income tax rate in South Africa, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
South Africa recorded 28.0% 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 South Africa peaked at 30.0% in 2000 and was at its lowest, 28.0%, in 2008.
South Africa ranks 24th of 93 countries on this measure, 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 South Africa, 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 | 29.0% | -3.3% |
| 2006 | 29.0% | +0.0% |
| 2007 | 29.0% | +0.0% |
| 2008 | 28.0% | -3.4% |
| 2009 | 28.0% | +0.0% |
| 2010 | 28.0% | +0.0% |
| 2011 | 28.0% | +0.0% |
| 2012 | 28.0% | +0.0% |
| 2013 | 28.0% | +0.0% |
| 2014 | 28.0% | +0.0% |
| 2015 | 28.0% | +0.0% |
| 2016 | 28.0% | +0.0% |
| 2017 | 28.0% | +0.0% |
| 2018 | 28.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.3% | 28.0% | 30.0% | 10 |
| 2010s | 28.0% | 28.0% | 28.0% | 9 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 0.7139 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1196 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 789.38 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.23 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.295 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 1,946 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 2.7 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 5.28 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is statutory corporate income tax rate in South Africa?
- Statutory corporate income tax rate in South Africa was 28.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in South Africa?
- The highest recorded value was 30.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in South Africa?
- The lowest recorded value was 28.0% in 2008.
- How does South Africa rank for statutory corporate income tax rate?
- South Africa ranks 24th out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in South Africa?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this South Africa 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.