BZ · AmericasET · Africa

Belize vs Ethiopia: tax rates compared

Ethiopia's income tax rate is 10pp higher than Belize's (35% vs 25%). The 200-country average is 28%: Belize sits below it, Ethiopia sits above it. Belize'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

0102030405060Income25%35%Corporate0%30%VAT12.5%15%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax BZ ETDifference
Income Tax25%35%ET +10 pp
Corporate Tax0%30%ET +30 pplargest gap
VAT12.5%15%ET +2.5 pp
Capital Gains Tax0%15%ET +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belize25%Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01
Ethiopia35%Source: PwC Worldwide Tax Summaries — Ethiopia, Individual - Taxes on personal income · as of 2026-07-15
Difference−10 ppEthiopia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%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−30 ppEthiopia higher

Ethiopia's corporate tax rate is 30pp higher than Belize's (30% vs 0%). The 201-country average is 22.6%: Belize sits below it, Ethiopia sits above it.

VAT

VAT, side by side
CountryRateSource
Belize12.5%Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31
Ethiopia15%Source: PWC Worldwide Tax Summaries — Ethiopia (Corporate, Other taxes) · as of 2026-07-15
Difference−2.5 ppEthiopia higher

Ethiopia's VAT rate is 2.5pp higher than Belize's (15% vs 12.5%). The 181-country average is 15%: Belize sits below it, Ethiopia matches the world average. Belize's figure is dated 2011-12-31 and Ethiopia's 2026-07-15, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31
Ethiopia15%Source: PwC Worldwide Tax Summaries — Ethiopia, Corporate - Other taxes · as of 2026-07-15
Difference−15 ppEthiopia higher

Ethiopia's capital gains tax rate is 15pp higher than Belize's (15% vs 0%). The 175-country average is 10.3%: Belize sits below it, Ethiopia sits above it. Belize's figure is dated 2020-12-31 and Ethiopia's 2026-07-15, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18
Ethiopia0%Source: PWC Worldwide Tax Summaries — Ethiopia (Individual, Other taxes) · as of 2026-07-15
Difference0 ppdisplayed rates match

Belize'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.