Statutory corporate income tax rate in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Statutory corporate income tax rate was 19.0% in 2018. ▼ Falling
Statutory corporate income tax rate in United Kingdom of Great Britain and Northern Ireland, 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 United Kingdom of Great Britain and Northern Ireland is 19.0%, measured in 2018. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 32.1% over ten years.
Over the whole period, statutory corporate income tax rate in United Kingdom of Great Britain and Northern Ireland peaked at 30.0% in 2000 and was at its lowest, 19.0%, in 2017.
That places United Kingdom of Great Britain and Northern Ireland 61st 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 United Kingdom of Great Britain and Northern Ireland, 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 | 30.0% | +0.0% |
| 2006 | 30.0% | +0.0% |
| 2007 | 30.0% | +0.0% |
| 2008 | 28.0% | -6.7% |
| 2009 | 28.0% | +0.0% |
| 2010 | 28.0% | +0.0% |
| 2011 | 26.0% | -7.1% |
| 2012 | 24.0% | -7.7% |
| 2013 | 23.0% | -4.2% |
| 2014 | 21.0% | -8.7% |
| 2015 | 20.0% | -4.8% |
| 2016 | 20.0% | +0.0% |
| 2017 | 19.0% | -5.0% |
| 2018 | 19.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.6% | 28.0% | 30.0% | 10 |
| 2010s | 22.2% | 19.0% | 28.0% | 9 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.0768 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 4,422 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0583 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 3,359 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0764 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 4,399 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 2,899 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 4.52 % change on previous year (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is statutory corporate income tax rate in United Kingdom of Great Britain and Northern Ireland?
- Statutory corporate income tax rate in United Kingdom of Great Britain and Northern Ireland was 19.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 30.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 19.0% in 2017.
- How does United Kingdom of Great Britain and Northern Ireland rank for statutory corporate income tax rate?
- United Kingdom of Great Britain and Northern Ireland ranks 61st out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is down 32.1%. The long-run trend across the full record is falling.
- Where does this United Kingdom of Great Britain and Northern Ireland 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.