ET · AfricaMN · Asia
Ethiopia vs Mongolia: tax rates compared
Between the two, Ethiopia's income tax rate (35%) tops Mongolia's (20%) by 15pp. The 200-country average is 28%: Ethiopia sits above it, Mongolia sits below it.
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
| Tax | ET | MN | Difference |
|---|---|---|---|
| Income Tax | 35% | 20% | ET +15 pplargest gap |
| Corporate Tax | 30% | 25% | ET +5 pp |
| VAT | 15% | 10% | ET +5 pp |
| Capital Gains Tax | 15% | 10% | ET +5 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 |
| Mongolia | 20% | Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08 |
| Difference | +15 pp | Ethiopia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Mongolia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Ethiopia higher |
Between the two, Ethiopia's corporate tax rate (30%) tops Mongolia's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 15% | Source: PWC Worldwide Tax Summaries — Ethiopia (Corporate, Other taxes) · as of 2026-07-15 |
| Mongolia | 10% | Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08 |
| Difference | +5 pp | Ethiopia higher |
Between the two, Ethiopia's VAT rate (15%) tops Mongolia's (10%) by 5pp. The 181-country average is 15%: Ethiopia matches the world average, Mongolia sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 15% | Source: PwC Worldwide Tax Summaries — Ethiopia, Corporate - Other taxes · as of 2026-07-15 |
| Mongolia | 10% | Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08 |
| Difference | +5 pp | Ethiopia higher |
Between the two, Ethiopia's capital gains tax rate (15%) tops Mongolia's (10%) by 5pp. The 175-country average is 10.3%: Ethiopia sits above it, Mongolia sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 0% | Source: PWC Worldwide Tax Summaries — Ethiopia (Individual, Other taxes) · as of 2026-07-15 |
| Mongolia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Ethiopia and Mongolia 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: Crypto Tax.