LT · EuropeSO · Africa
Lithuania vs Somalia: tax rates compared
Between the two, Lithuania's income tax rate (32%) tops Somalia's (18%) by 14pp. The 200-country average is 28%: Lithuania sits above it, Somalia sits below it.
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
| Tax | LT | SO | Difference |
|---|---|---|---|
| Income Tax | 32% | 18% | LT +14 pplargest gap |
| Corporate Tax | 16% | 15% | LT +1 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 32% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Somalia | 18% | 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 | +14 pp | Lithuania higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 16% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Somalia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +1 pp | Lithuania higher |
Between the two, Lithuania's corporate tax rate (16%) tops Somalia's (15%) by 1pp. The 201-country average is 22.6%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10 |
| Somalia | 0% | Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Lithuania 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.