CV · AfricaNG · Africa

Cape Verde vs Nigeria: tax rates compared

Between the two, Cape Verde's income tax rate (27.5%) tops Nigeria's (25%) by 2.5pp. The 200-country average is 28%: both sit below 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%27.5%Corporate21.4%30%VAT7.5%15%Capital Gains1%25%Wealth Tax0%
five shared taxes, side by side
Tax CV NGDifference
Income Tax27.5%25%CV +2.5 pp
Corporate Tax21.4%30%NG +8.6 pp
VAT15%7.5%CV +7.5 pp
Capital Gains Tax1%25%NG +24 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Cape Verde27.5%Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Taxes on personal income) · as of 2026-05-29
Nigeria25%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Taxes on personal income) · as of 2026-05-29
Difference+2.5 ppCape Verde higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cape Verde21.4%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Nigeria30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−8.6 ppNigeria higher

Between the two, Nigeria's corporate tax rate (30%) tops Cape Verde's (21.4%) by 8.6pp. The 201-country average is 22.6%: Cape Verde sits below it, Nigeria sits above it.

VAT

VAT, side by side
CountryRateSource
Cape Verde15%Source: PWC Worldwide Tax Summaries — Cabo Verde (Corporate, Other taxes) · as of 2026-05-29
Nigeria7.5%Source: PWC Worldwide Tax Summaries — Nigeria (Corporate, Other taxes) · as of 2026-05-29
Difference+7.5 ppCape Verde higher

Between the two, Cape Verde's VAT rate (15%) tops Nigeria's (7.5%) by 7.5pp. The 181-country average is 15%: Cape Verde matches the world average, Nigeria sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Cape Verde1%Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Income determination) · as of 2026-05-29
Nigeria25%Source: PwC Worldwide Tax Summaries — Nigeria (Individual, Income determination) · as of 2026-05-29
Difference−24 ppNigeria higher

Between the two, Nigeria's capital gains tax rate (25%) tops Cape Verde's (1%) by 24pp. The 175-country average is 10.3%: Cape Verde sits below it, Nigeria sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Cape Verde0%Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Other taxes) · as of 2026-07-18
Nigeria0%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29
Difference0 ppdisplayed rates match

There's no gap here — Cape Verde and Nigeria 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.