DK · EuropeSO · Africa

Denmark vs Somalia: tax rates compared

Between the two, Denmark's income tax rate (55.9%) tops Somalia's (18%) by 37.9pp. The 200-country average is 28%: Denmark sits above it, Somalia sits below it.

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

At a glance

0102030405060Income18%55.9%Corporate15%22%Wealth Tax0%
three shared taxes, side by side
Tax DK SODifference
Income Tax55.9%18%DK +37.9 pplargest gap
Corporate Tax22%15%DK +7 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
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Difference+37.9 ppDenmark higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Denmark22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+7 ppDenmark higher

Between the two, Denmark's corporate tax rate (22%) tops Somalia's (15%) by 7pp. The 201-country average is 22.6%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Denmark0%Source: PWC Worldwide Tax Summaries — Denmark (Individual, Other taxes) · as of 2026-06-25
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Denmark and Somalia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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