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Denmark vs Spain: tax rates compared

Denmark has an income tax rate of 55.9%, 7.3pp above Spain's 48.6%. The 37-country average is 43.2%: both sit above it.

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

Income Tax

0102030405060World avg 43.2%DK 55.9%ES 48.6%
Income Tax, side by side
CountryRateSource
Denmark55.9%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Spain48.6%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+7.3 ppDenmark higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%DK 22%ES 25%
Corporate Tax, side by side
CountryRateSource
Denmark22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Spain25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppSpain higher

Spain has a corporate tax rate of 25%, 3pp above Denmark's 22%. The 201-country average is 22.6%: Denmark sits below it, Spain sits above it.

VAT

0102030405060World avg 19.5%DK 25%ES 21%
VAT, side by side
CountryRateSource
Denmark25%Source: PWC Worldwide Tax Summaries — Denmark (Corporate, Other taxes) · as of 2026-02-25
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Difference+4 ppDenmark higher

Denmark has a VAT rate of 25%, 4pp above Spain's 21%. The 37-country average is 19.5%: both sit above it. Denmark's figure is dated 2026-02-25 and Spain's 2025-12-31, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%DK 0%ES 3.5%
Wealth Tax, side by side
CountryRateSource
Denmark0%Source: PWC Worldwide Tax Summaries — Denmark (Individual, Other taxes) · as of 2026-06-25
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Difference−3.5 ppSpain higher

Spain has a wealth tax rate of 3.5%, 3.5pp above Denmark's 0%. The 193-country average is 0.1%: Denmark sits below it, Spain sits above it. Denmark's figure is dated 2026-06-25 and Spain's 2025-12-31, so the two rates come from different data vintages.

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