CU · AmericasSE · Europe

Cuba vs Sweden: tax rates compared

Sweden's income tax rate is 2.4pp higher than Cuba's (52.4% vs 50%). The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income50%52.4%Corporate20.6%35%
two shared taxes, side by side
Tax CU SEDifference
Income Tax50%52.4%SE +2.4 pp
Corporate Tax35%20.6%CU +14.4 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Cuba50%Source: Ministerio de Economía y Planificación (Cuba) — "Pago de tributos en Cuba: Adecuaciones y compromisos para 2025" · as of 2025-01-28
Sweden52.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−2.4 ppSweden higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cuba35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sweden20.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+14.4 ppCuba higher

Cuba's corporate tax rate is 14.4pp higher than Sweden's (35% vs 20.6%). The 201-country average is 22.6%: Cuba sits above it, Sweden sits below it.

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