Personal Income Tax Rate in Philippines averaged 32.38 percent from 2004 until 2019, reaching an all time high of 35 percent in 2018 and a record low of 32 percent in 2005. This page provides - Philippines Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Personal Income Tax Rate - values, historical data and charts - was last updated on October of 2020.
Personal Income Tax Rate in Philippines is expected to reach 35.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Personal Income Tax Rate is projected to trend around 35.00 percent in 2021, according to our econometric models.