MY · AsiaNG · Africa

Malaysia vs Nigeria: tax rates compared

Malaysia's income tax rate is 5pp higher than Nigeria's (30% vs 25%). The 200-country average is 28%: Malaysia sits above it, Nigeria sits below 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

0102030405060Income25%30%Corporate24%30%Capital Gains0%25%Crypto0%25%Wealth Tax0%
five shared taxes, side by side
Tax MY NGDifference
Income Tax30%25%MY +5 pp
Corporate Tax24%30%NG +6 pp
Capital Gains Tax0%25%NG +25 pplargest gap
Crypto Tax0%25%NG +25 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Malaysia30%Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Taxes on personal income) · as of 2026-06-16
Nigeria25%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Taxes on personal income) · as of 2026-05-29
Difference+5 ppMalaysia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malaysia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Nigeria30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−6 ppNigeria higher

Nigeria's corporate tax rate is 6pp higher than Malaysia's (30% vs 24%). The 201-country average is 22.6%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Malaysia0%Source: PwC Worldwide Tax Summaries — Malaysia (Individual, Income determination) · as of 2026-06-16
Nigeria25%Source: PwC Worldwide Tax Summaries — Nigeria (Individual, Income determination) · as of 2026-05-29
Difference−25 ppNigeria higher

Nigeria's capital gains tax rate is 25pp higher than Malaysia's (25% vs 0%). The 175-country average is 10.3%: Malaysia sits below it, Nigeria sits above it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Malaysia0%Source: Inland Revenue Board of Malaysia (LHDN) — Guidelines on Tax Treatment on Digital Currency Transaction (2nd Edition) · as of 2025-12-05
Nigeria25%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Nigeria · as of 2025-10-01
Difference−25 ppNigeria higher

Nigeria's crypto tax rate is 25pp higher than Malaysia's (25% vs 0%). The 88-country average is 13%: Malaysia sits below it, Nigeria sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Malaysia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-16
Nigeria0%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29
Difference0 ppdisplayed rates match

Malaysia's wealth tax rate is identical to Nigeria's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: VAT.