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Croatia vs Panama: tax rates compared

Croatia has an income tax rate of 33%, 8pp above Panama's 25%. The 200-country average is 28%: Croatia sits above it, Panama sits below it. Croatia's figure is dated 2025-12-30 and Panama's 2026-01-18, so the two rates come from different data vintages.

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%33%Corporate18%25%VAT7%25%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax HR PADifference
Income Tax33%25%HR +8 pp
Corporate Tax18%25%PA +7 pp
VAT25%7%HR +18 pplargest gap
Capital Gains Tax0%10%PA +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Croatia33%Source: PWC Worldwide Tax Summaries — Croatia (Individual, Taxes on personal income) · as of 2025-12-30
Panama25%Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18
Difference+8 ppCroatia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Croatia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Panama25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−7 ppPanama higher

Panama has a corporate tax rate of 25%, 7pp above Croatia's 18%. The 201-country average is 22.6%: Croatia sits below it, Panama sits above it.

VAT

VAT, side by side
CountryRateSource
Croatia25%Source: PWC Worldwide Tax Summaries — Croatia (Corporate, Other taxes) · as of 2025-12-30
Panama7%Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18
Difference+18 ppCroatia higher

Croatia has a VAT rate of 25%, 18pp above Panama's 7%. The 181-country average is 15%: Croatia sits above it, Panama sits below it. Croatia's figure is dated 2025-12-30 and Panama's 2026-01-18, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Croatia0%Source: PWC Worldwide Tax Summaries — Croatia (Individual, Income determination) · as of 2025-12-30
Panama10%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference−10 ppPanama higher

Panama has a capital gains tax rate of 10%, 10pp above Croatia's 0%. The 175-country average is 10.3%: both sit below it. Croatia's figure is dated 2025-12-30 and Panama's 2026-01-18, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Croatia0%Source: PWC Worldwide Tax Summaries — Croatia (Individual, Other taxes) · as of 2025-12-30
Panama0%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference0 ppdisplayed rates match

Croatia and Panama share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Croatia's figure is dated 2025-12-30 and Panama's 2026-01-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.