MV · AsiaNG · Africa
Maldives vs Nigeria: tax rates compared
Nigeria has an income tax rate of 25%, 10pp above Maldives's 15%. The 200-country average is 28%: both sit below it. Maldives's figure is dated 2020-01-01 and Nigeria's 2026-05-29, 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
| Tax | MV | NG | Difference |
|---|---|---|---|
| Income Tax | 15% | 25% | NG +10 pp |
| Corporate Tax | 15% | 30% | NG +15 pplargest gap |
| VAT | 8% | 7.5% | MV +0.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| Nigeria | 25% | Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Taxes on personal income) · as of 2026-05-29 |
| Difference | −10 pp | Nigeria higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Nigeria | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −15 pp | Nigeria higher |
Nigeria has a corporate tax rate of 30%, 15pp above Maldives's 15%. The 201-country average is 22.6%: Maldives sits below it, Nigeria sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Maldives | 8% | Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01 |
| Nigeria | 7.5% | Source: PWC Worldwide Tax Summaries — Nigeria (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | +0.5 pp | Maldives higher |
Maldives has a VAT rate of 8%, 0.5pp above Nigeria's 7.5%. The 181-country average is 15%: both sit below it. Maldives's figure is dated 2023-01-01 and Nigeria's 2026-05-29, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 0% | 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 |
| Nigeria | 0% | Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
Maldives and Nigeria 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 Nigeria's 2026-05-29, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.