CY · EuropeSE · Europe
Cyprus vs Sweden: tax rates compared
Between the two, Sweden's income tax rate (52.4%) tops Cyprus's (35%) by 17.4pp. The 200-country average is 28%: both sit above it. Cyprus's figure is dated 2026-05-18 and Sweden's 2025-01-01, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CY | SE | Difference |
|---|---|---|---|
| Income Tax | 35% | 52.4% | SE +17.4 pp |
| Corporate Tax | 12.5% | 20.6% | SE +8.1 pp |
| VAT | 19% | 25% | SE +6 pp |
| Capital Gains Tax | 0% | 30% | SE +30 pplargest gap |
| Crypto Tax | 8% | 30% | SE +22 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 35% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18 |
| Sweden | 52.4% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −17.4 pp | Sweden higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Sweden | 20.6% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −8.1 pp | Sweden higher |
Between the two, Sweden's corporate tax rate (20.6%) tops Cyprus's (12.5%) by 8.1pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Sweden | 25% | Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17 |
| Difference | −6 pp | Sweden higher |
Between the two, Sweden's VAT rate (25%) tops Cyprus's (19%) by 6pp. The 181-country average is 15%: both sit above it. Cyprus's figure is dated 2026-05-18 and Sweden's 2025-12-17, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Sweden | 30% | Source: PWC Worldwide Tax Summaries — Sweden (Individual, Income determination) · as of 2026-02-09 |
| Difference | −30 pp | Sweden higher |
Between the two, Sweden's capital gains tax rate (30%) tops Cyprus's (0%) by 30pp. The 175-country average is 10.3%: Cyprus sits below it, Sweden sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 8% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Sweden | 30% | Source: Skatteverket — Kryptovalutor · as of 2026-06-24 |
| Difference | −22 pp | Sweden higher |
Between the two, Sweden's crypto tax rate (30%) tops Cyprus's (8%) by 22pp. The 88-country average is 13%: Cyprus sits below it, Sweden sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18 |
| Sweden | 0% | Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Cyprus and Sweden both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.