Facts
- Tax revenue, % of GDP
- 14.4 % (2024)
- Tax revenue level
- 10–15% of GDP
- Taxes on income, profits and capital gains, % of revenue
- 40.3 % (2024)
- Taxes on goods and services, % of value added
- 4.6 % (2024)
- ISO code
- PHL
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)
Tax revenue, % of GDP
| Period | Value |
|---|---|
| 2024 | 14.4 % |
| 2023 | 14.1 % |
| 2022 | 14.6 % |
| 2021 | 14.1 % |
| 2020 | 14.0 % |
| 2019 | 14.5 % |
| 2018 | 14.0 % |
| 2017 | 13.6 % |
| 2016 | 13.1 % |
| 2015 | 13.0 % |
| 2014 | 13.0 % |
| 2013 | 12.7 % |
Taxes on income, profits and capital gains, % of revenue
| Period | Value |
|---|---|
| 2024 | 40.3 % |
| 2023 | 40.9 % |
| 2022 | 38.4 % |
| 2021 | 38.6 % |
| 2020 | 41.7 % |
| 2019 | 41.2 % |
| 2018 | 40.4 % |
| 2017 | 45.6 % |
| 2016 | 46.5 % |
| 2015 | 46.6 % |
| 2014 | 45.7 % |
| 2013 | 46.8 % |
Taxes on goods and services, % of value added
| Period | Value |
|---|---|
| 2024 | 4.6 % |
| 2023 | 4.2 % |
| 2022 | 4.6 % |
| 2021 | 4.9 % |
| 2020 | 4.8 % |
| 2019 | 4.8 % |
| 2018 | 4.7 % |
| 2017 | 4.5 % |
| 2016 | 4.2 % |
| 2015 | 4.2 % |
| 2014 | 4.2 % |
| 2013 | 4.2 % |
Year by year · 35
| Country-year | Combined corporate income tax rate | Top statutory personal income tax rate | Tax revenue, % of GDP |
|---|---|---|---|
| Philippines 2024 | — | — | 14.4 % |
| Philippines 2023 | — | — | 14.1 % |
| Philippines 2022 | — | — | 14.6 % |
| Philippines 2021 | — | — | 14.1 % |
| Philippines 2020 | — | — | 14.0 % |
| Philippines 2019 | — | — | 14.5 % |
| Philippines 2018 | — | — | 14.0 % |
| Philippines 2017 | — | — | 13.6 % |
| Philippines 2016 | — | — | 13.1 % |
| Philippines 2015 | — | — | 13.0 % |
| Philippines 2014 | — | — | 13.0 % |
| Philippines 2013 | — | — | 12.7 % |
| Philippines 2012 | — | — | 12.3 % |
| Philippines 2011 | — | — | 11.8 % |
| Philippines 2010 | — | — | 11.6 % |
| Philippines 2009 | — | — | 11.7 % |
| Philippines 2008 | — | — | 13.0 % |
| Philippines 2007 | — | — | 13.0 % |
| Philippines 2006 | — | — | 13.1 % |
| Philippines 2005 | — | — | 11.9 % |
| Philippines 2004 | — | — | 11.4 % |
| Philippines 2003 | — | — | 11.7 % |
| Philippines 2002 | — | — | 11.7 % |
| Philippines 2001 | — | — | 12.3 % |
| Philippines 2000 | — | — | 12.4 % |
| Philippines 1999 | — | — | 12.9 % |
| Philippines 1998 | — | — | 13.7 % |
| Philippines 1997 | — | — | 14.9 % |
| Philippines 1996 | — | — | 14.8 % |
| Philippines 1995 | — | — | 14.3 % |
| Philippines 1994 | — | — | 14.0 % |
| Philippines 1993 | — | — | 13.7 % |
| Philippines 1992 | — | — | 13.5 % |
| Philippines 1991 | — | — | 12.8 % |
| Philippines 1990 | — | — | 12.4 % |