EC · AmericasSO · Africa

Ecuador vs Somalia: tax rates compared

Ecuador has an income tax rate of 37%, 19pp above Somalia's 18%. The 200-country average is 28%: Ecuador sits above it, Somalia sits below it. Ecuador's figure is dated 2026-02-09 and Somalia's 2025-11-01, 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

0102030405060Income18%37%Corporate15%25%Wealth Tax0%
three shared taxes, side by side
Tax EC SODifference
Income Tax37%18%EC +19 pplargest gap
Corporate Tax25%15%EC +10 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
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+19 ppEcuador higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Ecuador25%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+10 ppEcuador higher

Ecuador has a corporate tax rate of 25%, 10pp above Somalia's 15%. The 201-country average is 22.6%: Ecuador sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Ecuador0%Source: PWC Worldwide Tax Summaries — Ecuador (Individual, Other taxes) · as of 2026-02-09
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

Ecuador and Somalia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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