North Macedonia: Income and profits taxes

The latest value from 2021 is 21.71 percent, a decline from 24.33 percent in 2020. In comparison, the world average is 28.52 percent, based on data from 117 countries. Historically, the average for North Macedonia from 2005 to 2021 is 20.47 percent. The minimum value, 15.47 percent, was reached in 2005 while the maximum of 25.33 percent was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.