GM · AfricaPS · Asia

Gambia vs Palestine: tax rates compared

Gambia has an income tax rate of 25%, 10pp above Palestine's 15%. The 200-country average is 28%: both sit below it. Gambia's figure is dated 2018-01-01 and Palestine's 2026-02-09, 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

0102030405060Income15%25%Corporate15%27%VAT15%16%Wealth Tax0%
four shared taxes, side by side
Tax GM PSDifference
Income Tax25%15%GM +10 pp
Corporate Tax27%15%GM +12 pplargest gap
VAT15%16%PS +1 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
Palestine15%Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09
Difference+10 ppGambia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Gambia27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Palestine15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+12 ppGambia higher

Gambia has a corporate tax rate of 27%, 12pp above Palestine's 15%. The 201-country average is 22.6%: Gambia sits above it, Palestine sits below it.

VAT

VAT, side by side
CountryRateSource
Gambia15%Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-01-01
Palestine16%Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09
Difference−1 ppPalestine higher

Palestine has a VAT rate of 16%, 1pp above Gambia's 15%. The 181-country average is 15%: Gambia matches the world average, Palestine sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Gambia0%Source: Gambia Revenue Authority · as of 2026-07-18
Palestine0%Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.