Statutory corporate income tax rate in United States of America
United States of America: Statutory corporate income tax rate was 25.8% in 2018. ▼ Falling
Statutory corporate income tax rate in United States of America, 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 States of America is 25.8%, measured in 2018. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 33.6% on the previous year and down 34.2% over ten years.
Over the whole period, statutory corporate income tax rate in United States of America peaked at 39.3% in 2000 and was at its lowest, 25.8%, in 2018.
That places United States of America 30th 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 States of America, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 39.3% | — |
| 2001 | 39.3% | -0.2% |
| 2002 | 39.3% | +0.1% |
| 2003 | 39.3% | +0.1% |
| 2004 | 39.3% | -0.0% |
| 2005 | 39.3% | -0.1% |
| 2006 | 39.3% | +0.0% |
| 2007 | 39.3% | -0.1% |
| 2008 | 39.3% | -0.1% |
| 2009 | 39.2% | -0.2% |
| 2010 | 39.2% | +0.1% |
| 2011 | 39.2% | -0.0% |
| 2012 | 39.1% | -0.2% |
| 2013 | 39.0% | -0.2% |
| 2014 | 39.1% | +0.1% |
| 2015 | 39.0% | -0.2% |
| 2016 | 38.9% | -0.2% |
| 2017 | 38.9% | -0.0% |
| 2018 | 25.8% | -33.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.3% | 39.2% | 39.3% | 10 |
| 2010s | 37.6% | 25.8% | 39.2% | 9 |
Countries ranked near United States of America
- 27 Burkina Faso 27.5% compare
- 28 Canada 26.8% compare
- 29 Luxembourg 26.0% 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 United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 5.77 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.1267 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 10,921 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -14.24 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -14.24 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.96 % change on previous year (2021)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0094 current LCU per US$ of GDP (2021)
- Agriculture, forestry, and fishing, value added (current LCU), per 673.66 current LCU per person (2021)
Frequently asked questions
- What is statutory corporate income tax rate in United States of America?
- Statutory corporate income tax rate in United States of America was 25.8% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in United States of America?
- The highest recorded value was 39.3% in 2000.
- What is the lowest statutory corporate income tax rate recorded in United States of America?
- The lowest recorded value was 25.8% in 2018.
- How does United States of America rank for statutory corporate income tax rate?
- United States of America ranks 30th out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in United States of America?
- Over the last ten years it is down 34.2%. The long-run trend across the full record is falling.
- Where does this United States of America 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.