BE · EuropeET · Africa

Belgium vs Ethiopia: tax rates compared

Belgium's income tax rate is 17.7pp higher than Ethiopia's (52.7% vs 35%). The 200-country average is 28%: both sit above it. Belgium's figure is dated 2025-01-01 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

0102030405060Income35%52.7%Corporate25%30%VAT15%21%Capital Gains10%15%Wealth Tax0%
five shared taxes, side by side
Tax BE ETDifference
Income Tax52.7%35%BE +17.7 pplargest gap
Corporate Tax25%30%ET +5 pp
VAT21%15%BE +6 pp
Capital Gains Tax10%15%ET +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belgium52.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Ethiopia35%Source: PwC Worldwide Tax Summaries — Ethiopia, Individual - Taxes on personal income · as of 2026-07-15
Difference+17.7 ppBelgium higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belgium25%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−5 ppEthiopia higher

Ethiopia's corporate tax rate is 5pp higher than Belgium's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Belgium21%Source: PWC Worldwide Tax Summaries — Belgium (Corporate, Other taxes) · as of 2026-02-13
Ethiopia15%Source: PWC Worldwide Tax Summaries — Ethiopia (Corporate, Other taxes) · as of 2026-07-15
Difference+6 ppBelgium higher

Belgium's VAT rate is 6pp higher than Ethiopia's (21% vs 15%). The 181-country average is 15%: Belgium sits above it, Ethiopia matches the world average.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belgium10%Source: KPMG TaxNewsFlash — Belgium: New capital gains tax approved by Parliament · as of 2026-01-01
Ethiopia15%Source: PwC Worldwide Tax Summaries — Ethiopia, Corporate - Other taxes · as of 2026-07-15
Difference−5 ppEthiopia higher

Ethiopia's capital gains tax rate is 5pp higher than Belgium's (15% vs 10%). The 175-country average is 10.3%: Belgium sits below it, Ethiopia sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belgium0%Source: PWC Worldwide Tax Summaries — Belgium (Individual, Other taxes) · as of 2026-02-13
Ethiopia0%Source: PWC Worldwide Tax Summaries — Ethiopia (Individual, Other taxes) · as of 2026-07-15
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.