EC · AmericasMC · Europe

Ecuador vs Monaco: tax rates compared

Ecuador's income tax rate is 37pp higher than Monaco's (37% vs 0%). The 200-country average is 28%: Ecuador sits above it, Monaco sits below it. Ecuador's figure is dated 2026-02-09 and Monaco's 2023-03-13, so the two rates come from different data vintages.

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

At a glance

0102030405060Income0%37%Corporate25%VAT15%20%Capital Gains0%37%Wealth Tax0%
five shared taxes, side by side
Tax EC MCDifference
Income Tax37%0%EC +37 pplargest gap
Corporate Tax25%25%match
VAT15%20%MC +5 pp
Capital Gains Tax37%0%EC +37 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Ecuador37%Source: PwC Worldwide Tax Summaries — Ecuador, Individual - Taxes on personal income · as of 2026-02-09
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Difference+37 ppEcuador higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Ecuador25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Ecuador's corporate tax rate is identical to Monaco's — both sit at 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Ecuador15%Source: PWC Worldwide Tax Summaries — Ecuador (Corporate, Other taxes) · as of 2026-02-09
Monaco20%Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07
Difference−5 ppMonaco higher

Monaco's VAT rate is 5pp higher than Ecuador's (20% vs 15%). The 181-country average is 15%: Ecuador matches the world average, Monaco sits above it. Ecuador's figure is dated 2026-02-09 and Monaco's 2023-03-07, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Ecuador37%Source: PwC Worldwide Tax Summaries — Ecuador, Individual - Taxes on personal income · as of 2026-02-09
Monaco0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01
Difference+37 ppEcuador higher

Ecuador's capital gains tax rate is 37pp higher than Monaco's (37% vs 0%). The 175-country average is 10.3%: Ecuador sits above it, Monaco sits below it. Ecuador's figure is dated 2026-02-09 and Monaco's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Ecuador0%Source: PWC Worldwide Tax Summaries — Ecuador (Individual, Other taxes) · as of 2026-02-09
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18
Difference0 ppdisplayed rates match

Ecuador's wealth tax rate is identical to Monaco's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.