CL · AmericasSO · Africa
Chile vs Somalia: tax rates compared
Chile has an income tax rate of 40%, 22pp above Somalia's 18%. The 200-country average is 28%: Chile sits above it, Somalia sits below it.
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
| Tax | CL | SO | Difference |
|---|---|---|---|
| Income Tax | 40% | 18% | CL +22 pplargest gap |
| Corporate Tax | 27% | 15% | CL +12 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 40% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Somalia | 18% | 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 | +22 pp | Chile higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Somalia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +12 pp | Chile higher |
Chile has a corporate tax rate of 27%, 12pp above Somalia's 15%. The 201-country average is 22.6%: Chile sits above it, Somalia sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 0% | Source: PWC Worldwide Tax Summaries — Chile (Individual, Other taxes) · as of 2025-12-19 |
| Somalia | 0% | Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Chile and Somalia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Chile's figure is dated 2025-12-19 and Somalia's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.