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Bosnia and Herzegovina vs Somalia: tax rates compared

Somalia's income tax rate is 8pp higher than Bosnia and Herzegovina's (18% vs 10%). The 200-country average is 28%: both sit below it. Bosnia and Herzegovina's figure is dated 2026-02-19 and Somalia's 2025-11-01, so the two rates come from different data vintages.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income10%18%Corporate10%15%Wealth Tax0%
three shared taxes, side by side
Tax BA SODifference
Income Tax10%18%SO +8 pplargest gap
Corporate Tax10%15%SO +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bosnia and Herzegovina10%Source: PWC Worldwide Tax Summaries — Bosnia and Herzegovina (Individual, Taxes on personal income) · as of 2026-02-19
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Difference−8 ppSomalia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bosnia and Herzegovina10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppSomalia higher

Somalia's corporate tax rate is 5pp higher than Bosnia and Herzegovina's (15% vs 10%). The 201-country average is 22.6%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bosnia and Herzegovina0%Source: PWC Worldwide Tax Summaries — Bosnia and Herzegovina (Individual, Other taxes) · as of 2026-02-19
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.