BE · EuropeMK · Europe

Belgium vs North Macedonia: tax rates compared

Between the two, Belgium's income tax rate (52.7%) tops North Macedonia's (10%) by 42.7pp. The 200-country average is 28%: Belgium sits above it, North Macedonia sits below it. Belgium's figure is dated 2025-01-01 and North Macedonia's 2023-01-01, 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

0102030405060Income10%52.7%Corporate10%25%VAT18%21%Capital Gains10%Wealth Tax0%
five shared taxes, side by side
Tax BE MKDifference
Income Tax52.7%10%BE +42.7 pplargest gap
Corporate Tax25%10%BE +15 pp
VAT21%18%BE +3 pp
Capital Gains Tax10%10%match
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
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Difference+42.7 ppBelgium higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belgium25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppBelgium higher

Between the two, Belgium's corporate tax rate (25%) tops North Macedonia's (10%) by 15pp. The 201-country average is 22.6%: Belgium sits above it, North Macedonia sits below it.

VAT

VAT, side by side
CountryRateSource
Belgium21%Source: PWC Worldwide Tax Summaries — Belgium (Corporate, Other taxes) · as of 2026-02-13
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Difference+3 ppBelgium higher

Between the two, Belgium's VAT rate (21%) tops North Macedonia's (18%) by 3pp. The 181-country average is 15%: both sit above it.

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
North Macedonia10%Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08
Difference0 ppdisplayed rates match

There's no gap here — Belgium and North Macedonia both post a capital gains tax rate of 10%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belgium0%Source: PWC Worldwide Tax Summaries — Belgium (Individual, Other taxes) · as of 2026-02-13
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Belgium and North Macedonia 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.