Peru: Commercial tax rate

* indicates monthly or quarterly data series

Tax rate, percent of commercial profits

 Latest value 36.8
 Year 2019
 Measure percent
 Data availability 2005 - 2019
 Average 37.59
 Min - Max 35.6 - 39.1
 Source The World Bank (doing business survey)
For that indicator, we provide data for Peru from 2005 to 2019. The average value for Peru during that period was 37.59 percent with a minimum of 35.6 percent in 2016 and a maximum of 39.1 percent in 2008. The latest value from 2019 is 36.8 percent. For comparison, the world average in 2019 based on 184 countries is 40.53 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Peru - Commercial tax rate - recent values

Historical chart
Peru - Commercial tax rate - historical chart - 2005-2019

Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 13.49 2022 percent
 Government spending, in dollars 32.72 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -1.70 2022 percent
 Government debt 33.84 2022 percent
 Government expenditure 30.14 Q3/2023 billion
 Tax revenue 16.11 2021 percent
 Commercial tax rate 36.80 2019 percent
 Tax preparation time 260 2019 hours
 Number of taxes 8 2019 taxes
 Taxes on goods and services 36.33 2021 percent
 Taxes on international trade 0.79 2021 percent
 Income and profits taxes 29.46 2021 percent
 Foreign aid 303.65 2021 million U.S. dollars
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