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Costa Rica vs Jamaica: tax rates compared

Jamaica's income tax rate is 5pp higher than Costa Rica's (30% vs 25%). The 200-country average is 28%: Costa Rica sits below it, Jamaica 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%30%Corporate25%30%VAT13%15%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax CR JMDifference
Income Tax25%30%JM +5 pp
Corporate Tax30%25%CR +5 pp
VAT13%15%JM +2 pp
Capital Gains Tax15%0%CR +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Costa Rica25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Jamaica30%Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31
Difference−5 ppJamaica higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Costa Rica30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Jamaica25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppCosta Rica higher

Costa Rica's corporate tax rate is 5pp higher than Jamaica's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Costa Rica13%Source: PWC Worldwide Tax Summaries — Costa Rica (Corporate, Other taxes) · as of 2026-06-30
Jamaica15%Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31
Difference−2 ppJamaica higher

Jamaica's VAT rate is 2pp higher than Costa Rica's (15% vs 13%). The 181-country average is 15%: Costa Rica sits below it, Jamaica matches the world average. Costa Rica's figure is dated 2026-06-30 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Costa Rica15%Source: PWC Worldwide Tax Summaries — Costa Rica (Individual, Income determination) · as of 2026-06-30
Jamaica0%Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31
Difference+15 ppCosta Rica higher

Costa Rica's capital gains tax rate is 15pp higher than Jamaica's (15% vs 0%). The 175-country average is 10.3%: Costa Rica sits above it, Jamaica sits below it. Costa Rica's figure is dated 2026-06-30 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Costa Rica0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Jamaica0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Difference0 ppdisplayed rates match

Costa Rica's wealth tax rate is identical to Jamaica's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Costa Rica's figure is dated 2026-06-30 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.