Forecast for List of Countries by Personal Income Tax Rate - 2018-2020

This page provides forecasts for Personal Income Tax Rate including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last 2018 2019 2020
United States 39.60 Dec/16 35 35 35
Euro area 42.00 Dec/16 42 42 42
China 45.00 Dec/17 45 45 45
Japan 55.95 Dec/16 54 55 53
Germany 47.50 Dec/16 47.5 47.5 47.5
United Kingdom 45.00 Dec/16 44 43 43
France 50.20 Dec/16 50.2 50.2 50.2
India 35.54 Dec/16 35.54 35.54 35.54
Italy 48.80 Dec/16 48.8 48.8 48.8
Brazil 27.50 Dec/16 28 28 28
Canada 33.00 Dec/16 29 29 29
South Korea 38.00 Dec/16 37 36 36
Russia 13.00 Dec/16 13 13 13
Spain 45.00 Dec/16 45 45 45
Australia 45.00 Dec/16 45 46 46
Mexico 35.00 Dec/16 35 35 35
Indonesia 30.00 Dec/16 31 31 32
Turkey 35.00 Dec/16 35 35 35
Last 2018 2019 2020
Afghanistan 20.00 Dec/16 20 20 20
Albania 23.00 Dec/16 24 15 12
Algeria 35.00 Dec/16 35 35 35
Angola 17.00 Dec/16 17 16 16
Argentina 35.00 Dec/16 35 35 35
Armenia 36.00 Dec/16 34 27 23
Aruba 59.00 Dec/16 59 59 59
Australia 45.00 Dec/16 45 46 46
Austria 55.00 Dec/16 50 50 50
Azerbaijan 25.00 Dec/16 26 27 27
Bahamas 0.00 Dec/16 0 0 0
Bahrain 0.00 Dec/16 0 0 0
Bangladesh 30.00 Dec/16 29 26 25
Barbados 33.50 Dec/16 35 35 35
Belarus 13.00 Dec/17 15 16 17
Belgium 53.70 Dec/16 54 55 55
Bermuda 0.00 Dec/16 0 0 0
Bolivia 13.00 Dec/16 13 13 13
Bosnia and Herzegovina 10.00 Dec/16 10 9 9
Botswana 25.00 Dec/16 25 25 25
Brazil 27.50 Dec/16 28 28 28
Brunei 0.00 Dec/16 0 0 0
Bulgaria 10.00 Dec/16 11 13 14
Cambodia 20.00 Dec/16 20 20 20
Cameroon 35.00 Dec/16 35 35 35
Canada 33.00 Dec/16 29 29 29
Cayman Islands 0.00 Dec/16 0 0 0
Chad 60.00 Dec/16 60 60 60
Chile 35.00 Dec/17 35 35 35
China 45.00 Dec/17 45 45 45
Colombia 33.00 Dec/16 33 33 33
Congo 30.00 Dec/16 30 30 30
Costa Rica 15.00 Dec/16 15 15 15
Croatia 47.20 Dec/16 47 47 47
Cyprus 35.00 Dec/16 35 35 35
Czech Republic 22.00 Dec/17 23 24 25
Denmark 55.80 Dec/17 56 57 57
Dominican Republic 25.00 Dec/16 26 26 26
Ecuador 35.00 Dec/16 34 32 32
Egypt 22.50 Dec/16 21 22.5 22.5
El Salvador 30.00 Dec/16 30 30 30
Equatorial Guinea 35.00 Dec/16 35 35 35
Estonia 20.00 Dec/16 20 20 21
Ethiopia 35.00 Dec/16 35 35 35
Euro area 42.00 Dec/16 42 42 42
European Union 39.00 Dec/16 39 39 40
Fiji 20.00 Dec/16 23 28 29
Finland 51.60 Dec/16 52 52 53
France 50.20 Dec/16 50.2 50.2 50.2
Gabon 35.00 Dec/16 37 40 39
Gambia 30.00 Dec/17 31 31 31
Georgia 20.00 Dec/16 19 18 19
Germany 47.50 Dec/16 47.5 47.5 47.5
Ghana 25.00 Dec/16 25 25 25
Greece 48.00 Dec/16 48 48 48
Guatemala 7.00 Dec/16 14 24 28
Guinea 40.00 Dec/16 40 40 40
Honduras 25.00 Dec/16 25 25 25
Hong Kong 15.00 Dec/16 15 15 15
Hungary 15.00 Dec/16 17 21 24
Iceland 46.30 Dec/16 46 44 44
India 35.54 Dec/16 35.54 35.54 35.54
Indonesia 30.00 Dec/16 31 31 32
Iraq 15.00 Dec/16 15 15 15
Ireland 48.00 Dec/16 48 48 48
Isle of Man 20.00 Dec/16 20 19 19
Israel 50.00 Dec/16 50 49 49
Italy 48.80 Dec/16 48.8 48.8 48.8
Ivory Coast 60.00 Dec/16 60 60 60
Jamaica 25.00 Dec/16 26 26 26
Japan 55.95 Dec/16 54 55 53
Jordan 20.00 Dec/16 23 24 24
Kazakhstan 10.00 Dec/16 11 11 11
Kenya 30.00 Dec/16 30 30 30
Kosovo 10.00 Dec/16 10 10 10
Kuwait 0.00 Dec/16 0 0 0
Laos 24.00 Dec/16 25 25 25
Latvia 23.00 Dec/16 24 24 24
Lebanon 20.00 Dec/16 20 20 20
Lesotho 30.00 Dec/16 33 35 35
Libya 10.00 Dec/16 11 11 11
Liechtenstein 24.00 Dec/16 23 22 21
Lithuania 15.00 Dec/16 16 18 19
Luxembourg 43.60 Dec/16 44 44 44
Macau 12.00 Dec/16 12 12 12
Macedonia 10.00 Dec/16 11 13 13
Madagascar 20.00 Dec/16 21 23 25
Malawi 30.00 Dec/16 30 30 30
Malaysia 28.00 Dec/16 28 28 28
Malta 35.00 Dec/16 35 35 35
Mauritania 40.00 Dec/16 33 33 33
Mauritius 15.00 Dec/16 16 19 20
Mexico 35.00 Dec/16 35 35 35
Moldova 18.00 Dec/16 18 18 18
Mongolia 10.00 Dec/16 10 10 10
Montenegro 9.00 Dec/16 9 9 9
Morocco 38.00 Dec/16 39 40 40
Mozambique 32.00 Dec/16 32 32 32
Myanmar 25.00 Dec/16 20 21 21
Namibia 37.00 Dec/16 37 37 37
Netherlands 52.00 Dec/16 52 53 53
New Zealand 33.00 Dec/16 33 35 36
Nicaragua 30.00 Dec/16 30 30 30
Nigeria 24.00 Dec/16 24 24 24
Norway 38.52 Dec/17 39 40 41
Oman 0.00 Dec/16 0 0 0
Pakistan 20.00 Dec/16 21 21 21
Panama 25.00 Dec/16 26 26 26
Papua New Guinea 42.00 Dec/16 42 43 43
Peru 30.00 Dec/16 30 30 30
Philippines 32.00 Dec/16 32 32 32
Poland 32.00 Dec/16 33 34 34
Portugal 56.50 Dec/16 56.5 56.5 56.5
Puerto Rico 33.00 Dec/16 33 33 33
Qatar 0.00 Dec/16 0 0 0
Republic of the Congo 40.00 Dec/16 41 42 43
Romania 16.00 Dec/16 17 20 21
Russia 13.00 Dec/16 13 13 13
Rwanda 30.00 Dec/16 30 30 30
Samoa 27.00 Dec/16 27 27 27
Saudi Arabia 0.00 Dec/16 0 0 0
Senegal 40.00 Dec/16 43 47 49
Serbia 15.00 Dec/17 15 15 15
Seychelles 15.00 Dec/16 15 15 15
Sierra Leone 30.00 Dec/14 31 31 31
Singapore 22.00 Dec/16 22 22 22
Slovakia 25.00 Dec/16 26 27 28
Slovenia 50.00 Dec/16 45 45 45
South Africa 45.00 Dec/17 52 60 67
South Korea 38.00 Dec/16 37 36 36
Spain 45.00 Dec/16 45 45 45
Sri Lanka 15.00 Dec/16 17 20 23
Sudan 15.00 Dec/16 16 16 16
Suriname 38.00 Dec/16 38 38 38
Swaziland 33.00 Dec/16 33 33 33
Sweden 57.10 Dec/16 57 56 56
Switzerland 40.00 Dec/16 40 40 40
Syria 22.00 Dec/16 22 21 21
Taiwan 45.00 Dec/17 45 45 45
Tajikistan 13.00 Dec/16 13 13 13
Tanzania 30.00 Dec/16 30 30 30
Thailand 35.00 Dec/16 36 36 37
Trinidad And Tobago 25.00 Dec/16 25 25 25
Tunisia 35.00 Dec/16 35 35 35
Turkey 35.00 Dec/16 35 35 35
Uganda 40.00 Dec/16 38 36 34
Ukraine 18.00 Dec/17 18 17 17
United Arab Emirates 0.00 Dec/16 0 0 0
United Kingdom 45.00 Dec/16 44 43 43
United States 39.60 Dec/16 35 35 35
Uruguay 30.00 Dec/16 27 22 21
Uzbekistan 23.00 Dec/16 24 26 27
Venezuela 34.00 Dec/16 34 34 34
Vietnam 35.00 Dec/16 36 36 37
Yemen 15.00 Dec/16 16 17 17
Zambia 35.00 Dec/16 35 35 35
Zimbabwe 50.00 Dec/16 42 43 43