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Denmark vs Maldives: tax rates compared

Denmark has an income tax rate of 55.9%, 40.9pp above Maldives's 15%. The 200-country average is 28%: Denmark sits above it, Maldives sits below it. Denmark's figure is dated 2025-01-01 and Maldives's 2020-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income15%55.9%Corporate15%22%VAT8%25%Wealth Tax0%
four shared taxes, side by side
Tax DK MVDifference
Income Tax55.9%15%DK +40.9 pplargest gap
Corporate Tax22%15%DK +7 pp
VAT25%8%DK +17 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Denmark55.9%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Difference+40.9 ppDenmark higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Denmark22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+7 ppDenmark higher

Denmark has a corporate tax rate of 22%, 7pp above Maldives's 15%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Denmark25%Source: PWC Worldwide Tax Summaries — Denmark (Corporate, Other taxes) · as of 2026-02-25
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Difference+17 ppDenmark higher

Denmark has a VAT rate of 25%, 17pp above Maldives's 8%. The 181-country average is 15%: Denmark sits above it, Maldives sits below it. Denmark's figure is dated 2026-02-25 and Maldives's 2023-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Denmark0%Source: PWC Worldwide Tax Summaries — Denmark (Individual, Other taxes) · as of 2026-06-25
Maldives0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01
Difference0 ppdisplayed rates match

Denmark and Maldives share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Denmark's figure is dated 2026-06-25 and Maldives's 2025-10-01, so the two rates come from different data vintages.

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