GM · AfricaPH · Asia
Gambia vs Philippines: tax rates compared
Philippines's income tax rate is 10pp higher than Gambia's (35% vs 25%). The 200-country average is 28%: Gambia sits below it, Philippines sits above it. Gambia's figure is dated 2018-01-01 and Philippines's 2026-07-02, 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 | PH | Difference |
|---|---|---|---|
| Income Tax | 25% | 35% | PH +10 pp |
| Corporate Tax | 27% | 25% | GM +2 pp |
| VAT | 15% | 12% | GM +3 pp |
| Capital Gains Tax | 15% | 0.6% | GM +14.4 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 |
| Philippines | 35% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02 |
| Difference | −10 pp | Philippines higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Philippines | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +2 pp | Gambia higher |
Gambia's corporate tax rate is 2pp higher than Philippines's (27% vs 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 |
| Philippines | 12% | Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +3 pp | Gambia higher |
Gambia's VAT rate is 3pp higher than Philippines's (15% vs 12%). The 181-country average is 15%: Gambia matches the world average, Philippines sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-07-19 |
| Philippines | 0.6% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02 |
| Difference | +14.4 pp | Gambia higher |
Gambia's capital gains tax rate is 14.4pp higher than Philippines's (15% vs 0.6%). The 175-country average is 10.3%: Gambia sits above it, Philippines sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 0% | Source: Gambia Revenue Authority · as of 2026-07-18 |
| Philippines | 0% | Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
Gambia's wealth tax rate is identical to Philippines's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.