DJ · AfricaIS · Europe
Djibouti vs Iceland: tax rates compared
Iceland's income tax rate is 16.3pp higher than Djibouti's (46.3% vs 30%). The 200-country average is 28%: both sit above it. Djibouti's figure is dated 2011-01-01 and Iceland's 2025-01-01, so the two rates come from different data vintages.
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
| Tax | DJ | IS | Difference |
|---|---|---|---|
| Income Tax | 30% | 46.3% | IS +16.3 pp |
| Corporate Tax | 25% | 20% | DJ +5 pp |
| VAT | 7% | 24% | IS +17 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Djibouti | 30% | Source: Ministère des Finances (Djibouti) — Code Général des Impôts 2011 (Article 15) · as of 2011-01-01 |
| Iceland | 46.3% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −16.3 pp | Iceland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Djibouti | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Iceland | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Djibouti higher |
Djibouti's corporate tax rate is 5pp higher than Iceland's (25% vs 20%). The 201-country average is 22.6%: Djibouti sits above it, Iceland sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Djibouti | 7% | Source: Ministère des Finances (Djibouti) — Code Général des Impôts 2011 · as of 2011-01-01 |
| Iceland | 24% | Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22 |
| Difference | −17 pp | Iceland higher |
Iceland's VAT rate is 17pp higher than Djibouti's (24% vs 7%). The 181-country average is 15%: Djibouti sits below it, Iceland sits above it. Djibouti's figure is dated 2011-01-01 and Iceland's 2026-06-22, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax, Wealth Tax.