SV · AmericasSO · Africa

El Salvador vs Somalia: tax rates compared

Between the two, El Salvador's income tax rate (30%) tops Somalia's (18%) by 12pp. The 200-country average is 28%: El Salvador sits above it, Somalia sits below it. El Salvador's figure is dated 2026-02-26 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%30%Corporate15%30%Wealth Tax0%
three shared taxes, side by side
Tax SV SODifference
Income Tax30%18%SV +12 pp
Corporate Tax30%15%SV +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
El Salvador30%Source: PWC Worldwide Tax Summaries — El Salvador (Individual, Taxes on personal income) · as of 2026-02-26
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+12 ppEl Salvador higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
El Salvador30%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+15 ppEl Salvador higher

Between the two, El Salvador's corporate tax rate (30%) tops Somalia's (15%) by 15pp. The 201-country average is 22.6%: El Salvador sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
El Salvador0%Source: PWC Worldwide Tax Summaries — El Salvador (Individual, Other taxes) · as of 2026-02-26
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — El Salvador 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.