IS · EuropeCI · Africa

Iceland vs Ivory Coast: tax rates compared

Between the two, Iceland's income tax rate (46.3%) tops Ivory Coast's (32%) by 14.3pp. The 200-country average is 28%: both sit above it. Iceland's figure is dated 2025-01-01 and Ivory Coast's 2026-03-11, 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

0102030405060Income32%46.3%Corporate20%25%VAT18%24%Capital Gains17%22%Wealth Tax0%
five shared taxes, side by side
Tax IS CIDifference
Income Tax46.3%32%IS +14.3 pplargest gap
Corporate Tax20%25%CI +5 pp
VAT24%18%IS +6 pp
Capital Gains Tax22%17%IS +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Iceland46.3%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Ivory Coast32%Source: PWC Worldwide Tax Summaries — Ivory Coast (Côte d'Ivoire) (Individual, Taxes on personal income) · as of 2026-03-11
Difference+14.3 ppIceland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Iceland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Ivory Coast25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppIvory Coast higher

Between the two, Ivory Coast's corporate tax rate (25%) tops Iceland's (20%) by 5pp. The 201-country average is 22.6%: Iceland sits below it, Ivory Coast sits above it.

VAT

VAT, side by side
CountryRateSource
Iceland24%Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22
Ivory Coast18%Source: PWC Worldwide Tax Summaries — Ivory Coast (Côte d'Ivoire) (Corporate, Other taxes) · as of 2026-03-11
Difference+6 ppIceland higher

Between the two, Iceland's VAT rate (24%) tops Ivory Coast's (18%) by 6pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Iceland22%Source: Skatturinn (Iceland Revenue and Customs) — Key rates and amounts 2026 · as of 2026-01-01
Ivory Coast17%Source: Code Général des Impôts de Côte d'Ivoire (2025 consolidated edition), Articles 180 and 182 · as of 2025-01-01
Difference+5 ppIceland higher

Between the two, Iceland's capital gains tax rate (22%) tops Ivory Coast's (17%) by 5pp. The 175-country average is 10.3%: both sit above it. Iceland's figure is dated 2026-01-01 and Ivory Coast's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Iceland0%Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22
Ivory Coast0%Source: PWC Worldwide Tax Summaries — Ivory Coast (Cote d'Ivoire) (Individual, Other taxes) · as of 2026-03-11
Difference0 ppdisplayed rates match

There's no gap here — Iceland and Ivory Coast 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: Crypto Tax.