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Maldives vs Namibia: tax rates compared

Namibia has an income tax rate of 37%, 22pp above Maldives's 15%. The 200-country average is 28%: Maldives sits below it, Namibia sits above it. Maldives's figure is dated 2020-01-01 and Namibia's 2025-03-01, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income15%37%Corporate15%30%VAT8%15%Wealth Tax0%
four shared taxes, side by side
Tax MV NADifference
Income Tax15%37%NA +22 pplargest gap
Corporate Tax15%30%NA +15 pp
VAT8%15%NA +7 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Namibia37%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Taxes on personal income) · as of 2025-03-01
Difference−22 ppNamibia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Namibia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15 ppNamibia higher

Namibia has a corporate tax rate of 30%, 15pp above Maldives's 15%. The 201-country average is 22.6%: Maldives sits below it, Namibia sits above it.

VAT

VAT, side by side
CountryRateSource
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Namibia15%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Corporate, Other taxes) · as of 2026-07-16
Difference−7 ppNamibia higher

Namibia has a VAT rate of 15%, 7pp above Maldives's 8%. The 181-country average is 15%: Maldives sits below it, Namibia matches the world average. Maldives's figure is dated 2023-01-01 and Namibia's 2026-07-16, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Maldives0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01
Namibia0%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Other taxes) · as of 2026-07-16
Difference0 ppdisplayed rates match

Maldives and Namibia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Maldives's figure is dated 2025-10-01 and Namibia's 2026-07-16, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.