AM · AsiaRW · Africa

Armenia vs Rwanda: tax rates compared

Rwanda has an income tax rate of 30%, 10pp above Armenia's 20%. The 200-country average is 28%: Armenia sits below it, Rwanda sits above it. Armenia's figure is dated 2023-01-01 and Rwanda's 2026-07-20, 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%30%Corporate18%28%VAT18%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax AM RWDifference
Income Tax20%30%RW +10 pplargest gap
Corporate Tax18%28%RW +10 pp
VAT20%18%AM +2 pp
Capital Gains Tax0%0%match
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
Rwanda30%Source: Rwanda Revenue Authority — Calculate PAYE · as of 2026-07-20
Difference−10 ppRwanda higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Rwanda28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppRwanda higher

Rwanda has a corporate tax rate of 28%, 10pp above Armenia's 18%. The 201-country average is 22.6%: Armenia sits below it, Rwanda sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Rwanda18%Source: PWC Worldwide Tax Summaries — Rwanda (Corporate, Other taxes) · as of 2026-02-18
Difference+2 ppArmenia higher

Armenia has a VAT rate of 20%, 2pp above Rwanda's 18%. The 181-country average is 15%: both sit above it.

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
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Difference0 ppdisplayed rates match

Armenia and Rwanda share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Rwanda's 2026-02-18, 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
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Difference0 ppdisplayed rates match

Armenia and Rwanda share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.