GM · AfricaML · Africa

Gambia vs Mali: tax rates compared

Mali's income tax rate is 12pp higher than Gambia's (37% vs 25%). The 200-country average is 28%: Gambia sits below it, Mali sits above it. Gambia's figure is dated 2018-01-01 and Mali's 2015-07-01, 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

0102030405060Income25%37%Corporate27%30%VAT15%18%Capital Gains7%15%Wealth Tax0%
five shared taxes, side by side
Tax GM MLDifference
Income Tax25%37%ML +12 pplargest gap
Corporate Tax27%30%ML +3 pp
VAT15%18%ML +3 pp
Capital Gains Tax15%7%GM +8 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Gambia25%Source: Gambia Revenue Authority — Personal Income Tax · as of 2018-01-01
Mali37%Source: Code Général des Impôts du Mali — Direction Générale des Impôts (Article 10) · as of 2015-07-01
Difference−12 ppMali higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Gambia27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mali30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppMali higher

Mali's corporate tax rate is 3pp higher than Gambia's (30% vs 27%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Gambia15%Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-01-01
Mali18%Source: Direction Générale des Impôts du Mali — "C'est quoi la TVA" (La Taxe sur la Valeur Ajoutée N°1) · as of 2020-04-01
Difference−3 ppMali higher

Mali's VAT rate is 3pp higher than Gambia's (18% vs 15%). The 181-country average is 15%: Gambia matches the world average, Mali sits above it. Gambia's figure is dated 2026-01-01 and Mali's 2020-04-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Gambia15%Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-07-19
Mali7%Source: Direction Générale des Impôts du Mali — Code Général des Impôts, Article 129 · as of 2017-01-01
Difference+8 ppGambia higher

Gambia's capital gains tax rate is 8pp higher than Mali's (15% vs 7%). The 175-country average is 10.3%: Gambia sits above it, Mali sits below it. Gambia's figure is dated 2026-07-19 and Mali's 2017-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Gambia0%Source: Gambia Revenue Authority · as of 2026-07-18
Mali0%Source: Direction Générale des Impôts du Mali — official site · as of 2026-07-18
Difference0 ppdisplayed rates match

Gambia's wealth tax rate is identical to Mali's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.