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 37.00 Dec/18 37 37 35
Euro area 41.50 Dec/18 41.5 41.5 41.5
China 45.00 Dec/18 45 45 45
Japan 55.95 Dec/18 55.95 56 56
Germany 47.50 Dec/18 47.5 47.5 47.5
United Kingdom 45.00 Dec/18 45 45 45
India 35.54 Dec/18 35.54 35.54 35.54
France 45.00 Dec/18 45 45 45
Brazil 27.50 Dec/18 27.5 27.5 27.5
Italy 43.00 Dec/18 43 43 43
Canada 33.00 Dec/18 33 33 33
Russia 13.00 Dec/18 13 13 13
South Korea 40.00 Dec/18 40 40 40
Australia 45.00 Dec/18 45 45 45
Spain 45.00 Dec/18 45 45 45
Mexico 35.00 Dec/18 35 35 35
Indonesia 30.00 Dec/18 30 30 30
Turkey 35.00 Dec/18 35 35 35
Netherlands 52.00 Dec/18 52 52 52
Last 2018 2019 2020
Afghanistan 20.00 Dec/18 20 20 20
Albania 23.00 Dec/18 23 22 22
Algeria 35.00 Dec/18 35 35 35
Angola 17.00 Dec/18 17 17 17
Argentina 35.00 Dec/18 35 35 35
Armenia 36.00 Dec/18 36 36 36
Aruba 59.00 Dec/18 59 59 59
Australia 45.00 Dec/18 45 45 45
Austria 55.00 Dec/18 55 55 55
Azerbaijan 25.00 Dec/18 25 25 25
Bahamas 0.00 Dec/18 0 0 0
Bahrain 0.00 Dec/18 0 0 0
Bangladesh 30.00 Dec/18 30 30 30
Barbados 33.50 Dec/18 33.5 33.5 33.5
Belarus 13.00 Dec/18 13 13 13
Belgium 53.70 Dec/18 53.7 54 54
Bermuda 0.00 Dec/18 0 0 0
Bolivia 13.00 Dec/18 13 13 13
Bosnia and Herzegovina 10.00 Dec/18 10 10 10
Botswana 25.00 Dec/18 25 25 25
Brazil 27.50 Dec/18 27.5 27.5 27.5
Brunei 0.00 Dec/18 0 0 0
Bulgaria 10.00 Dec/18 10 9 9
Cambodia 20.00 Dec/18 20 20 20
Cameroon 35.00 Dec/18 35 35 35
Canada 33.00 Dec/18 33 33 33
Cayman Islands 0.00 Dec/18 0 0 0
Chad 60.00 Dec/18 60 60 60
Chile 35.00 Dec/18 35 35 35
China 45.00 Dec/18 45 45 45
Colombia 33.00 Dec/18 33 33 33
Congo 30.00 Dec/18 30 30 30
Costa Rica 15.00 Dec/18 15 15 15
Croatia 36.00 Dec/18 36 36 36
Cyprus 35.00 Dec/18 35 35 35
Czech Republic 22.00 Dec/18 22 22 24
Denmark 55.80 Dec/18 55.8 55.8 55
Dominican Republic 25.00 Dec/18 25 25 25
Ecuador 35.00 Dec/18 35 35 35
Egypt 22.50 Dec/18 22.5 22.5 22.5
El Salvador 30.00 Dec/18 30 30 30
Equatorial Guinea 35.00 Dec/18 35 35 35
Estonia 20.00 Dec/18 20 20 20
Ethiopia 35.00 Dec/18 35 35 35
Euro area 41.50 Dec/18 41.5 41.5 41.5
European Union 38.60 Dec/18 38.6 38.6 38.6
Fiji 20.00 Dec/18 20 20 20
Finland 51.60 Dec/18 51.6 51 51
France 45.00 Dec/18 45 45 45
Gabon 35.00 Dec/18 35 35 35
Gambia 30.00 Dec/18 30 30 30
Georgia 20.00 Dec/18 20 20 20
Germany 47.50 Dec/18 47.5 47.5 47.5
Ghana 25.00 Dec/18 25 25 25
Greece 45.00 Dec/18 45 45 45
Guatemala 7.00 Dec/18 7 7 7
Guinea 40.00 Dec/18 40 40 40
Honduras 25.00 Dec/18 25 25 25
Hong Kong 15.00 Dec/18 15 15 15
Hungary 15.00 Dec/18 15 15 15
Iceland 46.30 Dec/18 46.3 45 45
India 35.54 Dec/18 35.54 35.54 35.54
Indonesia 30.00 Dec/18 30 30 30
Iraq 15.00 Dec/18 15 15 15
Ireland 48.00 Dec/18 48 48 48
Isle of Man 20.00 Dec/18 20 20 20
Israel 50.00 Dec/18 50 50 49
Italy 43.00 Dec/18 43 43 43
Ivory Coast 60.00 Dec/18 60 60 60
Jamaica 30.00 Dec/18 30 30 30
Japan 55.95 Dec/18 55.95 56 56
Jordan 20.00 Dec/18 20 18 18
Kazakhstan 10.00 Dec/18 10 10 10
Kenya 30.00 Dec/18 30 30 30
Kosovo 10.00 Dec/18 10 10 10
Kuwait 0.00 Dec/18 0 0 0
Laos 24.00 Dec/18 24 24 24
Latvia 31.40 Dec/18 31.4 31.4 31.4
Lebanon 20.00 Dec/18 20 20 20
Lesotho 30.00 Dec/18 30 30 30
Libya 10.00 Dec/18 10 10 10
Liechtenstein 24.00 Feb/18 27 27 27
Lithuania 15.00 Dec/18 15 15 15
Luxembourg 48.78 Dec/18 48.78 50 53
Macau 12.00 Dec/18 12 12 12
Macedonia 10.00 Dec/18 10 10 10
Madagascar 20.00 Dec/18 20 20 20
Malawi 30.00 Dec/18 30 30 30
Malaysia 28.00 Dec/18 28 28 28
Malta 35.00 Dec/18 35 35 35
Mauritania 40.00 Dec/18 40 40 40
Mauritius 15.00 Dec/18 15 15 15
Mexico 35.00 Dec/18 35 35 35
Moldova 18.00 Dec/18 18 18 18
Mongolia 10.00 Dec/18 10 10 10
Montenegro 9.00 Dec/18 9 9 9
Morocco 38.00 Dec/18 38 38 38
Mozambique 32.00 Dec/18 32 32 32
Myanmar 25.00 Dec/18 25 25 25
Namibia 37.00 Dec/18 37 37 37
Netherlands 52.00 Dec/18 52 52 52
New Zealand 33.00 Dec/18 33 33 33
Nicaragua 30.00 Dec/18 30 30 30
Nigeria 24.00 Dec/18 24 24 24
Norway 38.52 Dec/18 38.52 39 39
Oman 0.00 Dec/18 0 0 0
Pakistan 20.00 Dec/18 20 20 20
Panama 25.00 Dec/18 25 25 25
Papua New Guinea 42.00 Dec/18 42 42 42
Peru 30.00 Dec/18 30 30 30
Philippines 35.00 Dec/18 35 35 35
Poland 32.00 Dec/18 32 32 32
Portugal 48.00 Dec/18 48 48 48
Puerto Rico 33.00 Dec/18 33 33 33
Qatar 0.00 Dec/18 0 0 0
Republic of the Congo 40.00 Dec/18 40 40 40
Romania 10.00 Dec/18 10 10 10
Russia 13.00 Dec/18 13 13 13
Rwanda 30.00 Dec/18 30 30 30
Samoa 27.00 Dec/18 27 27 27
Saudi Arabia 0.00 Dec/18 0 0 0
Senegal 40.00 Dec/18 40 40 40
Serbia 15.00 Dec/18 15 15 15
Seychelles 15.00 Dec/18 15 15 15
Sierra Leone 35.00 Dec/18 35 35 35
Singapore 22.00 Dec/18 22 22 23
Slovakia 25.00 Dec/18 25 25 25
Slovenia 50.00 Dec/18 50 45 45
South Africa 45.00 Dec/18 45 45 40
South Korea 40.00 Dec/18 40 40 40
Spain 45.00 Dec/18 45 45 45
Sri Lanka 16.00 Dec/18 16 17 18
Sudan 15.00 Dec/18 15 15 15
Suriname 38.00 Dec/18 38 38 38
Swaziland 33.00 Dec/18 33 33 33
Sweden 61.85 Dec/18 61.85 64 62
Switzerland 40.00 Dec/18 40 40 40
Syria 22.00 Dec/18 22 22 22
Taiwan 45.00 Dec/18 45 45 45
Tajikistan 13.00 Dec/18 13 13 13
Tanzania 30.00 Dec/18 30 30 30
Thailand 35.00 Dec/18 35 35 35
Trinidad And Tobago 25.00 Dec/18 25 25 25
Tunisia 35.00 Dec/18 35 35 35
Turkey 35.00 Dec/18 35 35 35
Uganda 40.00 Dec/18 40 40 40
Ukraine 18.00 Dec/18 18 17 17
United Arab Emirates 0.00 Dec/18 0 0 0
United Kingdom 45.00 Dec/18 45 45 45
United States 37.00 Dec/18 37 37 35
Uruguay 36.00 Dec/18 36 36 36
Uzbekistan 23.00 Dec/18 23 23 22
Venezuela 34.00 Dec/18 34 34 34
Vietnam 35.00 Dec/18 35 35 35
Yemen 15.00 Dec/18 15 15 15
Zambia 37.50 Dec/18 37.5 38 38
Zimbabwe 50.00 Dec/18 50 45 45