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Belize vs Namibia: tax rates compared

Namibia has an income tax rate of 37%, 12pp above Belize's 25%. The 200-country average is 28%: Belize sits below it, Namibia sits above it.

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%37%Corporate0%30%VAT12.5%15%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax BZ NADifference
Income Tax25%37%NA +12 pp
Corporate Tax0%30%NA +30 pplargest gap
VAT12.5%15%NA +2.5 pp
Capital Gains Tax0%0%match
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
Namibia37%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Taxes on personal income) · as of 2025-03-01
Difference−12 ppNamibia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Namibia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−30 ppNamibia higher

Namibia has a corporate tax rate of 30%, 30pp above Belize's 0%. The 201-country average is 22.6%: Belize sits below it, Namibia 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
Namibia15%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Corporate, Other taxes) · as of 2026-07-16
Difference−2.5 ppNamibia higher

Namibia has a VAT rate of 15%, 2.5pp above Belize's 12.5%. The 181-country average is 15%: Belize sits below it, Namibia matches the world average. Belize's figure is dated 2011-12-31 and Namibia's 2026-07-16, 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
Namibia0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Namibia · as of 2025-10-01
Difference0 ppdisplayed rates match

Belize and Namibia share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and Namibia's 2025-10-01, 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
Namibia0%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Other taxes) · as of 2026-07-16
Difference0 ppdisplayed rates match

Belize and Namibia 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.