HK · AsiaSE · Europe

Hong Kong vs Sweden: tax rates compared

Between the two, Sweden's income tax rate (52.4%) tops Hong Kong's (17%) by 35.4pp. The 200-country average is 28%: Hong Kong sits below it, Sweden sits above it.

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

At a glance

0102030405060Income17%52.4%Corporate16.5%20.6%VAT0%25%Capital Gains0%30%Crypto0%30%Wealth Tax0%
six shared taxes, side by side
Tax HK SEDifference
Income Tax17%52.4%SE +35.4 pplargest gap
Corporate Tax16.5%20.6%SE +4.1 pp
VAT0%25%SE +25 pp
Capital Gains Tax0%30%SE +30 pp
Crypto Tax0%30%SE +30 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Hong Kong17%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Taxes on personal income) · as of 2025-12-31
Sweden52.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−35.4 ppSweden higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hong Kong16.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sweden20.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−4.1 ppSweden higher

Between the two, Sweden's corporate tax rate (20.6%) tops Hong Kong's (16.5%) by 4.1pp. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Corporate, Other taxes) · as of 2025-12-31
Sweden25%Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17
Difference−25 ppSweden higher

Between the two, Sweden's VAT rate (25%) tops Hong Kong's (0%) by 25pp. The 181-country average is 15%: Hong Kong sits below it, Sweden sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Income determination) · as of 2025-12-31
Sweden30%Source: PWC Worldwide Tax Summaries — Sweden (Individual, Income determination) · as of 2026-02-09
Difference−30 ppSweden higher

Between the two, Sweden's capital gains tax rate (30%) tops Hong Kong's (0%) by 30pp. The 175-country average is 10.3%: Hong Kong sits below it, Sweden sits above it. Hong Kong's figure is dated 2025-12-31 and Sweden's 2026-02-09, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Hong Kong0%Source: Hong Kong Inland Revenue Department — Departmental Interpretation and Practice Notes No. 39 (Revised): Digital Economy, Electronic Commerce and Digital Assets · as of 2020-03-01
Sweden30%Source: Skatteverket — Kryptovalutor · as of 2026-06-24
Difference−30 ppSweden higher

Between the two, Sweden's crypto tax rate (30%) tops Hong Kong's (0%) by 30pp. The 88-country average is 13%: Hong Kong sits below it, Sweden sits above it. Hong Kong's figure is dated 2020-03-01 and Sweden's 2026-06-24, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Other taxes) · as of 2025-12-31
Sweden0%Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

There's no gap here — Hong Kong and Sweden both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Sweden's 2026-02-09, so the two rates come from different data vintages.