JM · AmericasSE · Europe
Jamaica vs Sweden: tax rates compared
Between the two, Sweden's income tax rate (52.4%) tops Jamaica's (30%) by 22.4pp. The 200-country average is 28%: both sit above it.
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 | JM | SE | Difference |
|---|---|---|---|
| Income Tax | 30% | 52.4% | SE +22.4 pp |
| Corporate Tax | 25% | 20.6% | JM +4.4 pp |
| VAT | 15% | 25% | SE +10 pp |
| Capital Gains Tax | 0% | 30% | SE +30 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 30% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31 |
| Sweden | 52.4% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −22.4 pp | Sweden higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Sweden | 20.6% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +4.4 pp | Jamaica higher |
Between the two, Jamaica's corporate tax rate (25%) tops Sweden's (20.6%) by 4.4pp. The 201-country average is 22.6%: Jamaica sits above it, Sweden sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Jamaica | 15% | Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31 |
| Sweden | 25% | Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17 |
| Difference | −10 pp | Sweden higher |
Between the two, Sweden's VAT rate (25%) tops Jamaica's (15%) by 10pp. The 181-country average is 15%: Jamaica matches the world average, Sweden sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31 |
| Sweden | 30% | Source: PWC Worldwide Tax Summaries — Sweden (Individual, Income determination) · as of 2026-02-09 |
| Difference | −30 pp | Sweden higher |
Between the two, Sweden's capital gains tax rate (30%) tops Jamaica's (0%) by 30pp. The 175-country average is 10.3%: Jamaica sits below it, Sweden sits above it. Jamaica's figure is dated 2025-12-31 and Sweden's 2026-02-09, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31 |
| Sweden | 0% | Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Jamaica and Sweden both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Jamaica's figure is dated 2025-12-31 and Sweden's 2026-02-09, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.