AM · AsiaML · Africa

Armenia vs Mali: tax rates compared

Mali's income tax rate is 17pp higher than Armenia's (37% vs 20%). The 200-country average is 28%: Armenia sits below it, Mali sits above it. Armenia's figure is dated 2023-01-01 and Mali's 2015-07-01, 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%37%Corporate18%30%VAT18%20%Capital Gains0%7%Wealth Tax0%
five shared taxes, side by side
Tax AM MLDifference
Income Tax20%37%ML +17 pplargest gap
Corporate Tax18%30%ML +12 pp
VAT20%18%AM +2 pp
Capital Gains Tax0%7%ML +7 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
Mali37%Source: Code Général des Impôts du Mali — Direction Générale des Impôts (Article 10) · as of 2015-07-01
Difference−17 ppMali higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mali30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−12 ppMali higher

Mali's corporate tax rate is 12pp higher than Armenia's (30% vs 18%). The 201-country average is 22.6%: Armenia sits below it, Mali sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Mali18%Source: Direction Générale des Impôts du Mali — "C'est quoi la TVA" (La Taxe sur la Valeur Ajoutée N°1) · as of 2020-04-01
Difference+2 ppArmenia higher

Armenia's VAT rate is 2pp higher than Mali's (20% vs 18%). The 181-country average is 15%: both sit above it. Armenia's figure is dated 2026-06-30 and Mali's 2020-04-01, so the two rates come from different data vintages.

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
Mali7%Source: Direction Générale des Impôts du Mali — Code Général des Impôts, Article 129 · as of 2017-01-01
Difference−7 ppMali higher

Mali's capital gains tax rate is 7pp higher than Armenia's (7% vs 0%). The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Mali's 2017-01-01, 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
Mali0%Source: Direction Générale des Impôts du Mali — official site · as of 2026-07-18
Difference0 ppdisplayed rates match

Armenia's wealth tax rate is identical to Mali's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.