JM · AmericasVN · Asia
Jamaica vs Vietnam: tax rates compared
Vietnam has an income tax rate of 35%, 5pp above Jamaica's 30%. The 200-country average is 28%: both sit above it. Jamaica's figure is dated 2025-12-31 and Vietnam's 2026-03-09, 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 | JM | VN | Difference |
|---|---|---|---|
| Income Tax | 30% | 35% | VN +5 pplargest gap |
| Corporate Tax | 25% | 20% | JM +5 pp |
| VAT | 15% | 10% | JM +5 pp |
| Capital Gains Tax | 0% | 0.1% | VN +0.1 pp |
| 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 |
| Vietnam | 35% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −5 pp | Vietnam higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Vietnam | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Jamaica higher |
Jamaica has a corporate tax rate of 25%, 5pp above Vietnam's 20%. The 201-country average is 22.6%: Jamaica sits above it, Vietnam sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Jamaica | 15% | Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31 |
| Vietnam | 10% | Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09 |
| Difference | +5 pp | Jamaica higher |
Jamaica has a VAT rate of 15%, 5pp above Vietnam's 10%. The 181-country average is 15%: Jamaica matches the world average, Vietnam sits below it. Jamaica's figure is dated 2025-12-31 and Vietnam's 2026-03-09, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31 |
| Vietnam | 0.1% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −0.1 pp | Vietnam higher |
Vietnam has a capital gains tax rate of 0.1%, 0.1pp above Jamaica's 0%. The 175-country average is 10.3%: both sit below it. Jamaica's figure is dated 2025-12-31 and Vietnam's 2026-03-09, 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 |
| Vietnam | 0% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09 |
| Difference | 0 pp | displayed rates match |
Jamaica and Vietnam share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Jamaica's figure is dated 2025-12-31 and Vietnam's 2026-03-09, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.