What is the global average corporate tax rate?

The global average statutory corporate tax rate is approximately 23.4%.

How has the corporate tax rate changed over time?

It has declined significantly from over 40% in the 1980s to about 23% today, driven by tax competition between countries.

What is the OECD global minimum tax?

The OECD's Pillar Two framework establishes a 15% minimum corporate tax rate for large multinational companies.

Global Average Corporate Tax Rate

Last updated: January 14, 2026

23.4%

The global average corporate tax rate is approximately 23.4%. Rates have been declining for decades — from over 40% in the 1980s — as countries compete to attract business investment. The OECD's global minimum tax of 15% aims to set a floor.

Historical Trend

Source: Tax Foundation

Global Average Corporate Tax Rate by Country

Country	Value (%) ↓	Source
Brazil	34	Tax Foundation
Japan	30.6	Tax Foundation
Germany	29.9	Tax Foundation
United Kingdom	25	Tax Foundation
United States	21	Tax Foundation
Singapore	17	Tax Foundation
Ireland	12.5	Tax Foundation
United Arab Emirates	9	Tax Foundation

Why This Average Exists

Corporate tax rates affect business investment decisions, government revenue, and international competitiveness. The race to the bottom in corporate taxation has been a major issue in global economic policy.

Factors That Affect Global Average Corporate Tax Rate

Tax competition between countries
OECD minimum tax agreements
Economic development needs
Government revenue requirements
Business lobbying
Digital economy challenges

Frequently Asked Questions

Methodology & Data Sources

The data presented on this page is compiled from publicly available datasets published by international organizations including the World Bank, World Health Organization (WHO), International Labour Organization (ILO), United Nations, NASA, and national statistical agencies.

Global averages are calculated using population-weighted or arithmetic means depending on the metric. Country-level data reflects the most recent available figures, typically from 2024–2024. Where gaps exist, the latest available data point is used.

All figures are subject to revision as source organizations update their datasets. For the most authoritative data, we encourage consulting the original sources linked in the table above.