GM · AfricaMV · Asia
Gambia vs Maldives: tax rates compared
Gambia has an income tax rate of 25%, 10pp above Maldives's 15%. The 200-country average is 28%: both sit below it. Gambia's figure is dated 2018-01-01 and Maldives's 2020-01-01, so the two rates come from different data vintages.
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 | GM | MV | Difference |
|---|---|---|---|
| Income Tax | 25% | 15% | GM +10 pp |
| Corporate Tax | 27% | 15% | GM +12 pplargest gap |
| VAT | 15% | 8% | GM +7 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 25% | Source: Gambia Revenue Authority — Personal Income Tax · as of 2018-01-01 |
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| Difference | +10 pp | Gambia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Maldives | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +12 pp | Gambia higher |
Gambia has a corporate tax rate of 27%, 12pp above Maldives's 15%. The 201-country average is 22.6%: Gambia sits above it, Maldives sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-01-01 |
| Maldives | 8% | Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01 |
| Difference | +7 pp | Gambia higher |
Gambia has a VAT rate of 15%, 7pp above Maldives's 8%. The 181-country average is 15%: Gambia matches the world average, Maldives sits below it. Gambia's figure is dated 2026-01-01 and Maldives's 2023-01-01, 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 |
| Maldives | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
Gambia and Maldives 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 Maldives's 2025-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.