ET · AfricaFM · Oceania
Ethiopia vs Micronesia: tax rates compared
Ethiopia has an income tax rate of 35%, 25pp above Micronesia's 10%. The 200-country average is 28%: Ethiopia sits above it, Micronesia sits below it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | ET | FM | Difference |
|---|---|---|---|
| Income Tax | 35% | 10% | ET +25 pplargest gap |
| Corporate Tax | 30% | 30% | match |
| Capital Gains Tax | 15% | 0% | ET +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 35% | Source: PwC Worldwide Tax Summaries — Ethiopia, Individual - Taxes on personal income · as of 2026-07-15 |
| Micronesia | 10% | Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20 |
| Difference | +25 pp | Ethiopia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
Ethiopia and Micronesia share the same corporate tax rate: 30%. The 201-country average is 22.6%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 15% | Source: PwC Worldwide Tax Summaries — Ethiopia, Corporate - Other taxes · as of 2026-07-15 |
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · as of 2026-07-19 |
| Difference | +15 pp | Ethiopia higher |
Ethiopia has a capital gains tax rate of 15%, 15pp above Micronesia's 0%. The 175-country average is 10.3%: Ethiopia sits above it, Micronesia sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 0% | Source: PWC Worldwide Tax Summaries — Ethiopia (Individual, Other taxes) · as of 2026-07-15 |
| Micronesia | 0% | Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Ethiopia and Micronesia 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, Crypto Tax.