AM · AsiaET · Africa

Armenia vs Ethiopia: tax rates compared

Between the two, Ethiopia's income tax rate (35%) tops Armenia's (20%) by 15pp. The 200-country average is 28%: Armenia sits below it, Ethiopia sits above it. Armenia's figure is dated 2023-01-01 and Ethiopia's 2026-07-15, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%35%Corporate18%30%VAT15%20%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax AM ETDifference
Income Tax20%35%ET +15 pplargest gap
Corporate Tax18%30%ET +12 pp
VAT20%15%AM +5 pp
Capital Gains Tax0%15%ET +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
Ethiopia35%Source: PwC Worldwide Tax Summaries — Ethiopia, Individual - Taxes on personal income · as of 2026-07-15
Difference−15 ppEthiopia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Ethiopia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−12 ppEthiopia higher

Between the two, Ethiopia's corporate tax rate (30%) tops Armenia's (18%) by 12pp. The 201-country average is 22.6%: Armenia sits below it, Ethiopia sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Ethiopia15%Source: PWC Worldwide Tax Summaries — Ethiopia (Corporate, Other taxes) · as of 2026-07-15
Difference+5 ppArmenia higher

Between the two, Armenia's VAT rate (20%) tops Ethiopia's (15%) by 5pp. The 181-country average is 15%: Armenia sits above it, Ethiopia matches the world average.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Armenia0%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01
Ethiopia15%Source: PwC Worldwide Tax Summaries — Ethiopia, Corporate - Other taxes · as of 2026-07-15
Difference−15 ppEthiopia higher

Between the two, Ethiopia's capital gains tax rate (15%) tops Armenia's (0%) by 15pp. The 175-country average is 10.3%: Armenia sits below it, Ethiopia sits above it. Armenia's figure is dated 2025-10-01 and Ethiopia's 2026-07-15, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
Ethiopia0%Source: PWC Worldwide Tax Summaries — Ethiopia (Individual, Other taxes) · as of 2026-07-15
Difference0 ppdisplayed rates match

There's no gap here — Armenia and Ethiopia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.