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Gambia vs Jamaica: tax rates compared
Jamaica has an income tax rate of 30%, 5pp above Gambia's 25%. The 200-country average is 28%: Gambia sits below it, Jamaica sits above it. Gambia's figure is dated 2018-01-01 and Jamaica's 2025-12-31, 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
| Tax | GM | JM | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | JM +5 pp |
| Corporate Tax | 27% | 25% | GM +2 pp |
| VAT | 15% | 15% | match |
| Capital Gains Tax | 15% | 0% | GM +15 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 25% | Source: Gambia Revenue Authority — Personal Income Tax · as of 2018-01-01 |
| Jamaica | 30% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | −5 pp | Jamaica higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Jamaica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +2 pp | Gambia higher |
Gambia has a corporate tax rate of 27%, 2pp above Jamaica's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-01-01 |
| Jamaica | 15% | Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | 0 pp | displayed rates match |
Gambia and Jamaica share the same VAT rate: 15%. The 181-country average is 15%: Gambia matches the world average, Jamaica matches the world average. Gambia's figure is dated 2026-01-01 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-07-19 |
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31 |
| Difference | +15 pp | Gambia higher |
Gambia has a capital gains tax rate of 15%, 15pp above Jamaica's 0%. The 175-country average is 10.3%: Gambia sits above it, Jamaica sits below it. Gambia's figure is dated 2026-07-19 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 0% | Source: Gambia Revenue Authority · as of 2026-07-18 |
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31 |
| Difference | 0 pp | displayed rates match |
Gambia and Jamaica share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Gambia's figure is dated 2026-07-18 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.