FI · EuropeMK · Europe

Finland vs North Macedonia: tax rates compared

Finland has an income tax rate of 51.8%, 41.8pp above North Macedonia's 10%. The 200-country average is 28%: Finland sits above it, North Macedonia sits below it. Finland's figure is dated 2025-01-01 and North Macedonia's 2023-01-01, 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

0102030405060Income10%51.8%Corporate10%20%VAT18%25.5%Capital Gains10%34%Wealth Tax0%
five shared taxes, side by side
Tax FI MKDifference
Income Tax51.8%10%FI +41.8 pplargest gap
Corporate Tax20%10%FI +10 pp
VAT25.5%18%FI +7.5 pp
Capital Gains Tax34%10%FI +24 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Finland51.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Difference+41.8 ppFinland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Finland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppFinland higher

Finland has a corporate tax rate of 20%, 10pp above North Macedonia's 10%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Finland25.5%Source: Finnish Tax Administration (Vero) — Rates of VAT · as of 2026-01-01
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Difference+7.5 ppFinland higher

Finland has a VAT rate of 25.5%, 7.5pp above North Macedonia's 18%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Finland34%Source: PwC Worldwide Tax Summaries — Finland, Individual - Income determination · as of 2026-06-24
North Macedonia10%Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08
Difference+24 ppFinland higher

Finland has a capital gains tax rate of 34%, 24pp above North Macedonia's 10%. The 175-country average is 10.3%: Finland sits above it, North Macedonia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Finland0%Source: PWC Worldwide Tax Summaries — Finland (Individual, Other taxes) · as of 2026-06-24
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.