GH · AfricaSO · Africa

Ghana vs Somalia: tax rates compared

Between the two, Ghana's income tax rate (35%) tops Somalia's (18%) by 17pp. The 200-country average is 28%: Ghana sits above it, Somalia sits below it. Ghana's figure is dated 2026-03-11 and Somalia's 2025-11-01, so the two rates come from different data vintages.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income18%35%Corporate15%25%Wealth Tax0%
three shared taxes, side by side
Tax GH SODifference
Income Tax35%18%GH +17 pplargest gap
Corporate Tax25%15%GH +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Ghana35%Source: PwC Worldwide Tax Summaries — Ghana, Individual - Taxes on personal income · as of 2026-03-11
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Difference+17 ppGhana higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Ghana25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppGhana higher

Between the two, Ghana's corporate tax rate (25%) tops Somalia's (15%) by 10pp. The 201-country average is 22.6%: Ghana sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Ghana0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-11
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Ghana and Somalia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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